Examlex
Which of the following statements is most consistent with the view of shared leadership?
Maker
The individual or entity that creates or signs a negotiable instrument, committing to pay the specified sum to the holder.
Negotiable
Capable of being transferred or converted into cash or equivalent value, often used in reference to financial instruments.
Payable on Demand
Refers to a financial obligation that must be paid by the debtor when the creditor requests it.
Drawer
In the context of banking, the person who writes or issues a check or draft instructing the drawee to pay someone else.
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