Examlex
A(n) ____ is a category of objects,persons,or other entities that pose a potential risk of loss to an asset.
Uniform Commercial Code
A comprehensive set of laws that govern commercial transactions in the United States, intended to standardize legislations across states and simplify interstate commerce.
Negotiable Instruments
Financial documents representing a promise to pay a specific amount of money to the bearer on demand or at a future date, such as checks, drafts, and promissory notes.
Checks
Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or to a specified person.
Legal Entity
A legal entity is an individual or organization that has legal rights and obligations, including the ability to enter into contracts, sue, and be sued.
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