Examlex
Which of these is a major criticism of DSM?
Accommodation Party
A party who signs an instrument to provide credit for another party who has also signed the instrument.
Recover Money
The act or process of legally reclaiming monetary losses or damages through judicial or administrative procedures.
Accommodated Party
In finance, the party for whom a loan or credit extension is made, usually facilitated by the guarantee or cosigning by another party.
Ratification
The formal approval or confirmation of an act or agreement that was signed but not yet authorized.
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