Examlex
Which of the following is a negative consequence of consumption?
Secondary Liability
The legal obligation to pay a debt if the primary obligor defaults, usually applied in cosigning contexts.
Blank Check
A check signed by the drawer with the amount left blank, allowing the payee to enter any amount.
Raising The Check
Increasing the amount payable on a check, often through unauthorized alteration.
Transfer Warranty
A legal guarantee by the seller that they have the right to transfer a title and that the title is free from any lien or encumbrance not disclosed in the contract.
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