Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Gabriel's Rebellion
Drawee
The party in a transaction upon whom a check, draft, or bill of exchange is drawn and is responsible for its settlement.
Payee
The person or entity to whom a check, draft, or electronic payment is made out and who is to receive the funds.
Posting
The act of publishing content or information on a digital platform, such as a blog, forum, or social media site.
Certified Check
A check that has been accepted by the bank on which it is drawn. Essentially, the bank, by certifying (accepting) the check, promises to pay the check at the time the check is presented.
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