Examlex
If a country is producing efficiently and is on the production possibilities frontier,the only way to produce more of one good is with an advance in technology.
Proper Presentment
The formal process of presenting a document, such as a check or draft, to the appropriate party for payment or acceptance.
Certify A Check
Is the process by which a bank confirms that there are sufficient funds in the check writer's account to cover the amount written on the check, and so guarantees its payment.
Dishonor
The refusal or failure to accept or pay a bill of exchange, promissory note, or other negotiable instrument when due.
Primary Liability
The direct responsibility to pay or compensate for a loss or damage, without the necessity to seek contribution from others.
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