Examlex
Which one of the following statements is false?
Overdue
A term describing a payment not made by its due date or an action not completed by the scheduled time.
Installment Payment
A method of payment where the total cost is divided into multiple scheduled payments over a period.
Unauthorized Signature
A signature placed on a document by someone not authorized by the proper entity or individual, potentially leading to legal issues.
Dishonored
refers to a financial instrument, such as a check or bill of exchange, that has been refused acceptance or payment.
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