Examlex
What is the last of the six customary phases in the appeals process?
Check
A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a named party.
Holder in Due Course
A legal term describing a person who has acquired a negotiable instrument in good faith and has the right to collect on it, free from many defenses.
Due Diligence
The investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or a financial transaction with another party.
Negotiable Instrument
A 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.
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