Examlex
Describe what is meant by the universal rules ethic in term of how it applies to manager or corporations.
Negotiable Instruments
Negotiable instruments are financial documents representing a promise to pay a specified amount of money, such as checks, promissory notes, and bills of exchange.
UCC Article 3
It governs negotiable instruments, including checks and notes, within the Uniform Commercial Code.
Checks
Financial instruments that instruct a bank to pay a specific amount of money from the writer's account to the person or entity in whose name the check has been issued.
Drawer
The party that writes an order, or the person who writes a check.
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