Examples of negotiable instruments include personal checks ... by the maker of the negotiable instrument—the one issuing the draft. This entity or person is known as the "drawer of funds." ...

The term wrongful dishonor refers to a bank's failure to honor a valid negotiable instrument such as a check or draft that has been presented to it for payment. If the instrument is valid and ...

there may be no further need to produce and deliver a physical negotiable instrument. Elimination of the requirement of a paper draft will solve long-standing problems that have significantly ...