Examlex
Times when certain internal and external influences have a major impact on development are called
Drawers
In banking and finance, individuals or entities that write and issue a check or draft instructing a bank to pay a specific amount from the drawer's account.
Accommodation Maker
A person who signs a loan agreement as a guarantor without receiving any benefits from the loan.
Primary Liability
The obligation to be the first or main party responsible for payment or performance under a legal instrument, such as a loan or contract.
Accommodation Indorser
A person who signs a negotiable instrument on behalf of another without receiving a direct benefit, aiming to provide additional confidence to the payee.
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