Examlex
Which of the following is true about calculus-based trust?
Indorsement
The act of signing one's name on the back of a check, bill of exchange, or similar document, transferring the rights to another party.
Maker
The person or entity that creates or produces something, often referred to in contexts such as art, manufacturing, or finance.
Notes
Short-term financial instruments, typically in the form of a debt or loan, that require repayment of the principal and interest by the issuer.
Drafts
Preliminary versions of documents, or negotiable instruments drawn by one party (drawer) ordering another party (drawee) to pay a specified sum to a third party.
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