Examlex
What should you include in a Summary of Qualifications?
Holder in Due Course
A legal term referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be raised by prior parties.
Transfer Warranties
Guarantees provided by a seller to a buyer regarding the condition and legality of the item or property being transferred.
Endorsement
The act of signing one's name on the back of a financial instrument, such as a check, thereby transferring rights or title to another party.
Payee
The party that receives the benefit of an order (check, etc.).
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