Examlex
Some of the portfolio assets that the CKO is responsible for maintaining include patents, trade secrets, and the accumulated knowledge and understanding of the entire workforce.
Drawer
The person who writes or drafts a negotiable instrument, such as a check, directing the bank to pay the specified amount to the party named in the document.
Acceptor
A person (drawee) who accepts and signs a draft to agree to pay the draft when it is presented.
Negotiable Instruments Liability
Legal accountability related to documents that promise payment to the bearer or named party, such as checks or promissory notes.
Primarily Liable
Refers to the main party responsible or legally obligated to fulfill a duty or pay a debt.
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