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A lack of coordination occurs either because
Reasonable Identification
The process of sufficiently identifying an individual through the use of valid and reliable means or documents.
Fraud In The Factum
A liability defense available to a party who signs a negotiable instrument without knowing that it is a negotiable instrument.
Negotiable Instrument
A written assurance for the remittance of a fixed sum of money, payable either on demand or at a future date, with the document clearly stating the name of the individual making the payment.
Liability
A legal responsibility or obligation.
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