Examlex
Which provision of the New York Truth in Testing Law is most controversial?
Reasonable Care
A legal standard that requires individuals to act with the same level of caution and attention that a reasonably prudent person would exhibit under similar circumstances.
Collecting Bank
A bank that processes checks and other negotiable instruments on behalf of a depositor, collecting funds from the bank on which the instruments are drawn.
Restrictive Endorsement
A limitation placed on the use of a check or other negotiable financial instrument, specifying conditions under which it can be transferred or cashed.
Stop Payment Order
A request made to a bank to cancel a check or payment that has not been processed yet.
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