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Ron March........How to use accept 4 value
Acceptance for value is a commercial right that is obtained through instruments such as tax bills and violation tickets. It is a qualified endorsement or modified signature on an instrument. By accepting an instrument for value, one becomes the holder in due course of the instrument and can enforce the instrument on the issuer.
To understand "Acceptance for Value" you must first understand contracts. There are two types of contracts: Simple and Adhesion.
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