Princeton's WordNet(0.00 / 0 votes)Rate this definition: 1  throat, pharynx(noun) the passage to the stomach and lungs; in the front part of the neck below the chin and above the collarbone. 2  throat(noun) an opening in the vamp of a shoe at the instep. 3  throat(noun) a passage resembling a throat in shape or function.
A draw is a payment to a commissioned employee that is credited, in whole or in part, against. future commissions. Draws typically function like an advance or guaranteed minimum payment. of commissions subject to settlement at set intervals. At the settlement, draws made are.
The intended payee cannot sue if it never had possession of the check or if the check was never issued to it. The drawer cannot sue the depositary bank for conversion. It also cannot sue the depositary bank for breach of warranty. The drawee bank can sue the depositary bank for breach of warranty. who can sue the drawee bank for forged endorsement? The payee can only sue the drawee bank if the underlying obligation for which the check is given is extinguished. The drawer of the check can sue the drawee bank if it paid a check that was not properly payable. This includes unauthorized signature (which includes, within its realm, forged signatures), altered checks, and forged endorsement checks.