Examlex
Which accurately describes energy drinks? (Select all that apply.)
Drawer
The party that writes and signs a cheque, instructing a bank to pay a specific amount of money to the bearer or a named party.
Drawee Bank
The financial institution upon which a check is drawn and is responsible for paying the amount indicated when properly presented.
Stop Payment
An order given by an account holder to their bank to not pay out or honor a check or payment that has previously been issued from their account.
Holder In Due Course
A party possessing a negotiable instrument, like a check, who has certain rights to payment free from most defenses or claims.
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