Examlex
Fill in the blank with one of the words or phrases listed below.
-The formula is called theـــــــــــــــــــ
Materially Altered
A change in a document or agreement that significantly affects its terms or conditions.
Holder In Due Course
A legal term for a person who has acquired a negotiable instrument in good faith and for value, and thus is protected against certain defenses and claims that could be raised against the original payee.
Payee
The party in a transaction who receives the payment.
Properly Delivered
Pertains to goods or documents being conveyed to the correct recipient in good condition and within the agreed timeframe.
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