Examlex
Harry is thinking about meeting Connie. He writes a text message to Connie, inviting her for a drink at the local bar. This is an example of _____.
Non-Recourse
Pertaining to a loan or obligation where the lender's recovery, in the event of default, is limited to the collateral securing the loan, with no further claim on the borrower’s assets.
Money Orders
A payment order for a pre-specified amount of money, similar to a check, that is widely used for safe transfers of funds.
Promissory Notes
Written promises to pay a specified sum of money to a named party, under specified conditions.
Uniform Commercial Code
A complete collection of regulations that oversee every commercial activity within the United States.
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