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Warranty Liability
The legal obligation of a seller to ensure that the goods or services sold meet certain expressed or implied standards of quality and reliability.
Secondarily Liable
Liability that is not primary but comes into effect when the party with primary liability has failed to fulfill an obligation.
Indorsers
Individuals who endorse or sign their name on the back of a document or cheque, thus transferring responsibility or ownership to another party.
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.
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