Examlex
Which of the following statements about tests of the intellectual achievement of affluent and poor children in various countries is true?
Drawee
The drawee is the party, usually a bank, required to pay the monetary amount stated on a draft or check upon its presentation.
Nonnegotiable
Unable to be bought, sold, exchanged, or transferred to another party.
Express Contract
A clearly stated agreement between parties, with terms explicitly mentioned either orally or in writing.
Commodities
Commodities are raw materials or agricultural products that can be bought and sold, such as gold, oil, or grains.
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