Examlex
What annual rate of return is earned on a $200 investment when it grows to $850 in 10 years?
Commercially Reasonable
Actions that a prudent person would reasonably take under comparable circumstances, particularly in business transactions.
Notice of Dishonor
A formal notification that a negotiable instrument, like a check, has been refused payment.
Dishonored
Refers to the refusal or inability to pay a financial obligation when due, such as a bounced check or a default on a payment.
Notice of Dishonor
A formal notification indicating that a financial instrument, like a check or draft, has been presented for payment and refused.
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