Examlex
A statistic used to measure the strength of relationship between categorical variables is called a regression analysis.
Drawee
The party, typically a bank, required to pay the specified amount on a check or draft when it is presented for payment.
Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.
Maker
The party in a transaction who creates or issues a promissory note, thereby promising to pay a certain sum to a specified person or entity.
Bearer
A person in possession of a negotiable instrument, such as a check or bond, that is payable to whomever holds it.
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