Examlex
Why will the rational choice model not always work? Under what circumstances will it work?
Negotiation
A bargaining process in which disputing parties interact informally to attempt to resolve their dispute. Also, the transfer of the rights to a negotiable instrument from one party to another.
Liability
The state of being responsible for something, especially in terms of legal or financial obligations that may arise from actions or transactions.
Discharged
Released from liability for a negotiable instrument.
Negotiable Instrument
A written, transferable document signed by the maker or drawer, containing an unconditional promise or order to pay a specified amount of money on demand or at a set time.
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