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Extensive research has shown that high-trust relationships lead to inferior, less efficient work outcomes.
Notice Of Dishonor
A formal notification that a negotiable instrument, like a check, has been refused payment and is dishonored.
Collecting Bank
A bank that processes checks and other instruments for payment on behalf of the payee.
Secondarily Liable
Being indirectly responsible for a debt or obligation, where primary liability falls to another party.
Endorser
One who issues an endorsement.
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