Examlex
Party leaders hold an outsize responsibility for fundraising for the party. How do they fulfill this duty?
Acknowledging A Debt
An act by which a debtor recognizes their debt and reaffirms their obligation to pay it, often to prevent the statute of limitations from expiring.
Negotiability
The characteristic of a document (such as a check or note) signifying that it can be transferred from one person to another in a manner that the recipient takes it free of most defenses that could be raised by the original maker or drawer.
Agent's Signature
The signature of a person who is authorized to act on behalf of another, indicating consent or agreement in a contractual context.
Maker
In the context of contracts, the party who creates or signs a promissory note to pay a certain amount of money to another party.
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