Examlex
The drawer of a check is always a bank.
Full Faith and Credit Clause
A clause in the U.S. Constitution requiring each state to recognize and honor the public acts, records, and judicial proceedings of every other state.
Commerce Clause
A provision in the United States Constitution giving Congress the power to regulate commerce with foreign nations, and among the several states.
Preemption Doctrine
The principle that federal law can supersede or override state law in areas expressly reserved for federal regulation or where there is a conflict.
Sales Tax
A tax imposed by governments on sales transactions, typically calculated as a percentage of the sale price of goods and services.
Q1: Which of the following is not a
Q2: Anyone promoting the sale of a real
Q2: In a guaranty contract, the obligor is
Q5: The bank is the drawee on a
Q6: Some courts allow sellers to recover the
Q10: Bud is unable to obtain a loan
Q12: The person to whom an insurance promise
Q19: The rights of a holder of a
Q41: A contract that has elements of both
Q47: By operation of law, the trustee automatically