Examlex
The phrase deeming authority means to substitute compliance with _____.
Holder In Due Course
A legal term referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be asserted against the original party.
Demand Payment
A formal request for the payment of owed money.
Endorse
To give public approval or support to something or someone.
Holder In Due Course
A legal term referring to a person who acquires a negotiable instrument in good faith and has the right to collect it free from any defects.
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