Examlex
Economists treat potential output differently when considering the short run than when considering the long run.Explain this difference.
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.
Accommodation Maker
A person who signs a loan agreement as a guarantor without receiving any benefits from the loan.
Primary Liability
The obligation to be the first or main party responsible for payment or performance under a legal instrument, such as a loan or contract.
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