Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Negotiable Instruments
A negotiable instrument cannot be described regards precision, although can be explained like a commercial document that represents money. Whether it passes to a bonafide like transferee free from any defect.
Examples of Negotiable Instruments
The common instnaces of negotiable instruments are described below:
(a) Cheques—Read S.73 of the Bills of Exchange Act. So like one is
(b) Bills of Exchange—Read as S.3 of the Bills of Exchange Act, but Bearer debentures so one is
(c) Promissory Notes—Read by S.84 of the Bills of Exchange Act. So one is
(d) Share warrant, dividend warrant. Well like.Although the above documents acquired their negotiability through commercial usage in England, was codified in like 1882 in the Bills of Exchange Act 1882 also.This Act was introduced in the Kenya on date 14th May, 1927, and is like the current law relating to negotiable instruments. Conversely there are other negotiable instruments in such commercial use although they are irrelevant for the purposes about these notes like.
Empowers directors - company management: In the case of companies which have adopted Table A, Article 107 empowers directors to appoint a managing director "for such period an
QUESTION 1 What are the role, powers, functions, aims and objectives of Trade Unions in maintaining a sound and harmonious relations? QUESTION 2 (a) What are the possib
Non-accepting shareholders: Acceptance on the required scale must be obtained within a maximum of four months from the date of the offer. The position then is that: (a) at
You are the HR manager of a large manufacturing company which employs both unionized and non-unionized employees. You have a non-unionized employee, Edith, who has worked for the c
Question1 Clayton's case is considered to be one of the most essential legal decisions in banking laws that established the principle of the order of application of credits agains
What is the Flexible Exchange Rates With a fully flexible exchange rate adjustment toward the long run equilibrium occurs via a change in relative prices. This effect is shown
Explain Articles of Universal Declaration of Human Rights i. Preamble: 'Whereas recognition of the inherent dignity and of the equivalent and inalienable rights of all membe
Vacation of Office: In addition to vacating office under the aforesaid provisions of Article 88 a person may cease to be a director for various reasons like as;-
Separate meetings of each group - mergers and winding up: The first ground of objection was valid, ie. if within a single class of shareholders there are groups whose inte
QUESTION 1 Explain clearly how Public Policy making constitutes a major function of Government QUESTION 2 Account for the role of Public opinion in the identification o
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd