Examlex
When dealing with stress, receiving inadequate feedback on performance and no recognition for a job well done is known as
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.
Negotiable Instrument
A written document that promises or orders the payment of a fixed amount of money, with the capability of being transferred to another party.
Presentment
The act of making a demand for the drawee to pay.
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