4) Explain different types of Holders with their functions please tell correct then I will follow you promise
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Explanation:
A Negotiable Instrument is a
(1) written instrument,
(2) signed by the maker or drawer of the instrument,
(3) that contains an unconditional promise or order to pay
(4) an exact sum of money (with or without interest in a specified amount or at a specified rate)
(5) on demand or at an exact future time
(6) to a specific person, or to order, or to its bearer.
FUNCTION OF THE INSTRUMENT
Simply put, the negotiable instrument is a substitute for money or serves as an extension of credit. For it to work, it is imperative that the instrument be easily transferable without danger of being uncollectible.
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Answer:
The four main types of lamp holder (left to right): B15 (SBC), B22d (BC), E14 (SES) and E27 (ES)
Explanation:
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