Examlex
According to Maslow's hierarchy of needs, ____ have to be satisfied first.
Imposter Rule
A legal principle that protects the drawer of a negotiable instrument from being held liable to an impostor or in cases of fraud, provided certain conditions are met.
Presentment Warranties
Legal assurances given when a negotiable instrument (like a check) is presented for payment, concerning the authenticity of the document and the rights of the presenter.
Drawer Is Unauthorized
A statement indicating that the person who has made or drawn a cheque (the drawer) did not have the authority to do so, potentially rendering the cheque invalid.
Unaccepted Draft
A written order to pay a certain amount that has not been accepted or honored by the party it is drawn upon.
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