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Studies on the development of locomotion and perception suggest that
Accommodation Maker
A person who signs a loan agreement as a guarantor without receiving any benefits from the loan.
Primary Liability
The obligation to be the first or main party responsible for payment or performance under a legal instrument, such as a loan or contract.
Accommodation Indorser
A person who signs a negotiable instrument on behalf of another without receiving a direct benefit, aiming to provide additional confidence to the payee.
Certify a Check
The act of a bank confirming that there are sufficient funds in the account of the drawer of a check and that it is legitimate, essentially guaranteeing payment.
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