Examlex
List two regional organizations and note what the main purpose of each is.
Commercial Paper
Unsecured promissory notes with a fixed maturity of usually less than 270 days, used extensively in the financing of business operations.
UCC
The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, leases, negotiable instruments, and secured transactions.
Confession of Judgment
An agreement where a debtor allows a creditor to obtain a judgment against them without a trial.
Power of Attorney
A legal document authorizing one person to act on behalf of another in legal or financial matters.
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