Examlex
Advertising in international markets is largely the same as in domestic markets because of globalization of the world.
Negotiable Instrument
A transferable, signed document that promises to pay the bearer or named party a certain sum of money either on demand or at a specified future date.
Drawer
In the context of financial instruments, the entity that writes or issues a check or draft.
Dishonored
A term used when a financial instrument like a check or promissory note is not accepted or paid on presentation.
Personal Defenses
Legal defenses that can be used to avoid enforcement of a contract or negotiation due to personal circumstances, such as minority, incapacity, or duress.
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