Examlex
Which of the following views on stress would Lazarus most strongly endorse?
Drawee
The entity, often a bank, on which a check or draft is drawn and is responsible for paying the amount specified.
Depositary Bank
A financial institution that holds and manages the securities of a depositor, facilitating the exchange of securities and related transactions.
Payor Bank
A bank that is responsible for paying a check or draft on behalf of its client.
UCC
Short for Uniform Commercial Code, a set of laws that provide legal rules and regulations governing commercial or business dealings and transactions in the United States.
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