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All of the following are correct about lymph, except
Cashier's Check
A check issued by a bank, drawn on its own funds rather than the account of a private individual, offering a high level of guarantee of payment.
Bank
A banking entity authorized to accept deposits, extend credit, and offer diverse financial services to both private individuals and commercial entities.
Authorization to Confess Judgment
A legal provision where a debtor gives a creditor the right to enter a judgment against them without trial if they fail to meet the terms of an agreement.
Negotiability
This term refers to the characteristic of a financial instrument that enables it to be transferred or assigned from one party to another with ease and legal effect.
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