Examlex
In a class, nerd, clown, princess and jockey are all examples of
Liable
Legally responsible or obligated.
Promissory Note
A written and legally binding promise to pay a specific sum of money to a designated party at a specified time or on demand.
Endorsed
The act of signing one's name on the back of a document, typically a financial instrument, indicating approval or transfer of rights.
Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money either on demand or at a set time, with the payee’s name mentioned on it.
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