Examlex
One factor affecting your decision about whether to review, evaluate, or test a draft of a document is the document's relative importance. What are the other two factors?
Liability
The state of being responsible for something, especially in terms of legal or financial obligations that may arise from actions or transactions.
Discharged
Released from liability for a negotiable instrument.
Negotiable Instrument
A written, transferable document signed by the maker or drawer, containing an unconditional promise or order to pay a specified amount of money on demand or at a set time.
Material Alteration
A significant change or modification to a document or item that changes its legal effectiveness or meaning.
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