What Does the Term "Balanced" Imply in the Balanced Specifications

question 27

Short Answer

What does the term "balanced" imply in the balanced specifications?

---

Definitions:

Debtor-Creditor Relationship

A financial relationship where one party (the debtor) owes a debt to another party (the creditor).

Drawee

The drawee is the party, usually a bank, required to pay the monetary amount stated on a draft or check upon its presentation.

Nonnegotiable

Unable to be bought, sold, exchanged, or transferred to another party.

Express Contract

A clearly stated agreement between parties, with terms explicitly mentioned either orally or in writing.