Examlex
Define the following terms: Waterloo
Certified Cheque
A bank-endorsed cheque that confirms the drawer has sufficient funds in their account to cover the cheque's amount.
Bill Of Exchange
A written, unconditional order by one party directing another party to pay a fixed sum of money to a third party on demand or at a set time.
Accepted
Accepted refers to the express or implied approval or agreement to the terms of an offer, thereby creating a binding contract between the parties involved.
Bills Of Exchange Act
Legislation that governs the creation, transfer, and the rights and obligations involved in bills of exchange, widely used in international trade and finance.
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