Learn what negotiable means in finance, covering negotiable prices, instruments like checks, and their impact on liquidity and marketability.
Learn what dishonor means in business, its impact on contracts, and the legal consequences of breaching agreements.
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“This is a real game changer for international trade,” Anna Joubin-Bret, Secretary of the UN Commission on International Trade Law (UNCITRAL), which led the three-year negotiations, told reporters.