Examlex
Simplify the following ratio.
Stop-Payment Order
A request made to a bank by an account holder to not pay out on a check or transaction previously issued or authorized.
Liability
Legal responsibility for one's actions or inactions, particularly in causing harm to others or to property, which may result in civil or criminal penalties.
UCC
Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.
Traveler's Check
A preprinted, fixed-amount check designed to allow the person signing it to make an unconditional payment to someone else as a result of the payee's acceptance.
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