CRITICAL FEW Definition

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CRITICAL FEW see 80 - 20 RULE.

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MARK ENDORSEMENT, normally, it is when a signatory (payee) cannot endorse with their signature, due to illiteracy or an infirmary, the signatory is allowed to make a mark that identifies that the signatory has signed. Such mark endorsements are normally witnessed with the witness endorsing the mark endorsement.

DAY BOOK is a written record/ledger in which transactions have been recorded as they occurred.

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