Examlex
The understood rules for accepted and expected behavior are called
Negotiability
The quality of a financial instrument that allows it to be transferred or assigned from one party to another in exchange for value.
Sum Certain In Money
A specified, fixed, or exact amount of money that is owed or due to be paid under a contract or agreement.
Enforceable Contract
a valid agreement between parties that can be legally upheld and compelled in a court of law.
Payment
The transfer of money or goods from one party to another as a fulfillment of a transaction or obligation.
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