Examlex
Which of the following is not one of the nine dimensions researched by GLOBE?
Without Recourse
A term indicating that the seller of a financial instrument or commercial paper relinquishes the right to demand payment from the issuer in the case of default.
Cashier's Check
A check issued by a bank, drawn on its own funds rather than that of an account holder, and commonly used to guarantee payment.
Certified Check
A check verified by a bank, guaranteeing that the writer of the check has enough funds available for the transaction.
Drawee
The party in a financial transaction who is directed to pay a certain amount of money as outlined in a draft or check.
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