Examlex
Distributive negotiation is
Drawer's Account
Refers to the bank account from which a check is drawn or payable.
Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee's name printed on the document.
Bank Draws
Withdrawals or loans taken from a line of credit or banking account, often utilized to manage cash flow or finance operations.
Forged Checks
Checks that have been illegally altered or created to defraud and deceive, often involving signature forgery.
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