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Bureaucratic and democratic structures are distinguished based on efficiency and freedom of dissent.
Dishonor
The refusal or failure to accept or pay a bill of exchange, promissory note, or other negotiable instrument when due.
Primary Liability
The direct responsibility to pay or compensate for a loss or damage, without the necessity to seek contribution from others.
Cashier's Checks
A check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier.
Capacity
The legal ability of a person to enter into a contract, often determined by factors such as age, mental competency, and legal status.
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