Examlex
Which person would generally be treated as a material participant in an activity?
Special Indorsement
A type of signature on a negotiable instrument that specifies the person to whom the instrument is endorsed.
Indorser
A person who signs a document, typically a negotiable instrument, endorsing it to another party, thereby transferring ownership or confirming its validity.
Holder In Due Course
A legal status given to a person who has acquired a negotiable instrument in good faith and for value, affording them certain rights free of defenses.
Negotiable Instrument
A written document guaranteeing the payment of a specific sum of money to a person or entity, with the ability to be transferred to another holder.
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