Examlex
Which of the following is NOT likely to consider in an outdoor plan?
Transferee
is an individual or entity that receives the transfer of property, rights, or interest from another.
Secondarily Liable
Liable for paying the amount designated on an instrument should the primarily liable party default.
Primarily Liable
The state of being the first or main party responsible for fulfilling a liability or obligation.
Dishonor
In financial contexts, it refers to the refusal or inability to pay a bill of exchange, promissory note, or other negotiable instrument when due.
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