Examlex
All of the following are types of outcomes in SCT, except:
Reasonably Diligent Holder
A term used in commercial law referring to individuals holding negotiable instruments who take appropriate actions to secure their interests.
Maker
in the context of a negotiable instrument, is the party who created and signed the instrument, promising to pay a certain sum to another.
Primary Party
A principal party involved directly in a legal case or transaction.
Presentment For Payment
The act of formally presenting a financial instrument, such as a check or draft, for payment to the party responsible.
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