Examlex
In questions fill in the blanks.1113:1156
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Negotiable
Refers to the quality of a document or instrument that allows it to be transferred or endorsed to another party, thus enabling the recipient to claim the rights specified in the document.
Authorized Agent
An individual or entity that has been given legal authorization to act on behalf of another person or entity in conducting business or legal affairs.
Drawer
The party that initiates a draft (writes a check, for example), thereby ordering the drawee to pay.
Commercial Money Market
A segment of the financial market where commercial banks, businesses, and government agencies raise funds by issuing short-term debt.
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