Examlex
The two important by-products of the reverse logistics process are:
Negotiable Instrument
A document guaranteeing the payment of a specific amount of money, either on demand or at a set time.
Unauthorized Signer
An individual who signs a document or agreement without the legal authority or permission to do so.
Ratified
Confirms or approves an action, document, or agreement officially, making it valid and enforceable.
Secondary Indorsers' Liability
Refers to the legal responsibility that falls on endorsers who sign a document or contract after the primary signer, particularly in financial transactions.
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