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Commercial Paper
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Negotiable Instrument
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A written promise or order to pay a specific sum of money that may be transferred by endorsement or delivery. The transferee then has the original payee's right to payment.
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Negotiable Instrument
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Terms in this set (2)
Negotiable Instrument
A written promise or order to pay a specific sum of money that may be transferred by endorsement or delivery. The transferee then has the original payee's right to payment.
Corporation
a business owned by stockholders who share in its profits but are not personally responsible for its debts
