Examlex
What is defined as a written body of general rules of conduct applicable to all members of a defined community, society, or culture, which emanate from a governing authority and which are enforced by its agents through the imposition of penalties for their violation?
Holder In Due Course
A party possessing a negotiable instrument, such as a check or promissory note, who has certain rights to payment and is protected against some defenses if the instrument was acquired in good faith.
Authorized Representative
An individual or entity legally empowered to act on behalf of another person or organization.
Legal Entity
A legal entity refers to any company or organization that has legal rights and obligations, including the capacity to enter into contracts and loans, sue and be sued.
Partnership
A business structure where two or more individuals share ownership, as well as the profits and liabilities of the business.
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