Examlex
Contrast the merger negotiations in a friendly merger and a hostile merger.
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.
Payee
The party that receives the benefit of an order (check, etc.).
Drawee
The party that must obey an order. In the context of banking, the drawee is the bank that must pay the funds ordered by a customer’s check.
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