Examlex
Production and sales estimates for June are as follows: The budgeted total sales for June is
Notice Of Dishonor
A formal notification indicating that a negotiable instrument, like a check, has been dishonored or refused for payment.
Revised Article 3
Part of the Uniform Commercial Code that governs negotiable instruments, such as checks and promissory notes, incorporating updates to reflect modern practices.
UCC
The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, intended to standardize and simplify the law across state lines.
Authorized Agent
An individual or entity that has been given the legal authority to act on behalf of another person or entity in business transactions or other matters.
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