Examlex
Every time Sid walks into a room,everyone laughs.However,he does not intend to make them laugh.This scenario demonstrates:
Honor
The act of fulfilling or adhering to an agreement, contract, or request, demonstrating integrity and respect.
Postdated Check
A check written with a date in the future, which cannot be cashed or deposited until that date.
Creditor
An individual or entity that is owed money or claims to be owed money by another entity, known as the debtor.
Bounced Check
A check that cannot be honored due to insufficient funds in the account it was issued on.
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