Examlex
Which of the following techniques can be helpful in making the budget decision?
Restrictive Indorsement
A limitation specified on the face of a check or document that restricts the further transfer of its title or requires certain conditions to be met.
Trust
A fiduciary relationship in which one party, known as a trustee, holds title to property for the benefit of another party, known as a beneficiary.
Pay to
Directs the transfer of money or assets to a specified person, entity, or account as outlined in a financial or legal document.
Real Defenses
Legal defenses that can be used to challenge the enforceability of a negotiable instrument, such as fraud, duress, or alteration.
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