Examlex
From 1821 until the end of World War I in 1918, the most important currency in international commerce was the ________.
Warranty Liability
Liability attributed when the transfer of an instrument breaches a warranty associated with an instrument.
Good Faith
The honest intention to act without taking an unfair advantage over another party in a transaction.
Reasonable Commercial Standards
The accepted norms and practices within a particular industry or trade that are considered to be fair and appropriate.
Demand Instrument
A demand instrument is a financial document that requires payment of a specified sum of money immediately upon demand or within a short time frame.
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