Examlex
Conflict is not caused by:
Liabilities
Financial or legal obligations that an entity is required to pay or resolve in the future.
Promissory Note
A written promise to pay a specified sum of money to a designated party on demand or at a fixed or determinable future time.
Fictitious-Payee Rule
A legal principle that protects banks from liability when funds are withdrawn by a person not entitled to them, if the drawer's negligence contributed to the forgery.
Imposter Rule
A legal principle that addresses the liability for fraud when an impostor defrauds a third party.
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