Examlex
Which of the following is true?
Drawer
The party that writes an order or the person who writes a check.
Accommodation Party
A party who signs an instrument to provide credit for another party who has also signed the instrument.
Credit
The granting of a loan and the creation of debt; any form of deferred payment, or the ability of an individual or company to borrow money with the promise to repay it at a later date.
Commercially Reasonable
Actions that a prudent person would reasonably take under comparable circumstances, particularly in business transactions.
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