Examlex
A public figure who brings a defamation suit against a newspaper which prints a false story about her must prove actual malice to win the suit.
Imposter Rule
A rule that holds that if one obtains a negotiable instrument by impersonating another and endorses it with the impersonated party’s signature, the loss falls on the drawer of the instrument.
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify transactions across state lines.
Proper Presentment
The correct or formal presentation of a document for acceptance or payment, such as a check.
Accommodation Party
is an individual who signs a negotiable instrument on behalf of another party, guaranteeing payment without receiving personal benefit.
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