Examlex
Which of the following is not a disadvantage of JAD sessions?
Indorsement
The act of signing one's name on the back of a cheque or other negotiable instrument to make it payable to someone else.
Without Recourse
A term indicating that the holder of a financial instrument, such as a note or bill, cannot demand payment from the original issuer in case of default by the borrower.
Indorsement
The act of signing one's name on the back of a check or other negotiable instrument, legally transferring ownership or authorizing a transaction.
Liability
The legal responsibility or obligation to compensate someone else for harm or damage caused by one's actions or failure to act.
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