Examlex
Which statement is true with regard to mutations?
Drawer
In the context of banking and finance, the individual or entity that writes and signs a check, thereby instructing the bank to pay the stated amount to another party.
Acceptor
In the context of banking and finance, an entity that accepts a bill of exchange or draft, agreeing to pay the amount to the holder at a specified date.
Endorser
An individual or entity that signs and backs a document, often a negotiable instrument, indicating their support and assurance.
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