Examlex
Briefly describe the process of value-based pricing.
Secondarily Liable
Refers to the obligation to pay a debt or fulfill an obligation only if the primary party responsible fails to do so.
Drawer
The party that writes or creates a bill of exchange, such as a check, commanding a payment to be made to a specified person or entity.
Secondarily Liable
Responsibility or liability that kicks in when the primarily responsible party fails to fulfill their obligations.
Accommodation Party
A person who signs a negotiable instrument for the purpose of lending their reputation to someone else on the instrument, without direct benefit.
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