Examlex
Which invention transformed urban and suburban communications in the United States after 1876?
Fictitious Payee Rule
A legal principle that holds a drawer of a check responsible when funds are obtained by fraud, if the drawer fails to exercise caution in issuing the check.
Immediate Loss
Financial damage or cost incurred directly as a result of an event, action, or decision, without any delay.
Forged Instruments
Documents that are illegally altered or created to deceive or commit fraud.
Presentment Warranty
A guarantee in commercial transactions that all statements and endorsements regarding a negotiable instrument are true.
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