22. The initials "HDC" in negotiable instruments refers to:A - NothingB - Holder in Due CourseC - Holder in ConfidenceD - Holder in the Ordinary Course of Business23. The word "damages" refers to:A - The compensation due to a non-breaching party to receive anyfinancial loss caused by the breachB - The money received for payment on the contractC - The essential ingredient in every contract case in a court of lawD - A and C

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Answered: 22. The initials "HDC" in negotiable…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

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22. The initials "HDC" in negotiable instruments refers to: A - Nothing B - Holder in Due Course C - Holder in Confidence D - Holder in the Ordinary Course of Business