Negotiable instruments, Business Law and Ethics

Assignment Help:

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.


Related Discussions:- Negotiable instruments

The final stage of the policy making process, QUESTION 1 Give an accoun...

QUESTION 1 Give an account of the distinct methods according to which information can be collected for policy analysis QUESTION 2 "Policy Evaluation marks the final sta

Sense of urgency-entrepreneurship development, Sense of Urgenc: Entreprene...

Sense of Urgenc: Entrepreneurs have a never-ending sense of urgency to develop their ideas. Inactivity makes them impatient, tense, and uneasy. They thrive on activity and are tir

Legal protection of minorities, LEGAL PROTECTION OF MINORITIES: Accord...

LEGAL PROTECTION OF MINORITIES: According to decisions of English courts, companies are democratic organisations whose affairs are to be managed by the directors according to

Jurisdiction over your company, a) Determine which forum(s) Purchaser could...

a) Determine which forum(s) Purchaser could file her lawsuit in.   Personal Jurisdiction, b)  If Purchaser were to file in CA, could she formed specific jurisdiction over you

Alien tort claims act, Alien Tort Claims Act Problem: You work ...

Alien Tort Claims Act Problem: You work at a New York law firm and have been invited by the partner you work for to attend a meeting with Mrs. Esther Kiobel and a dozen

Sale of goods act, 15 cases under sale of goods act within the year 2000- 2...

15 cases under sale of goods act within the year 2000- 2016?

How would you ensure that the code is effective, QUESTION 1 You are giv...

QUESTION 1 You are given the task to make a Code of Ethics for your organization (a) Describe a Code of Ethics (b) What are the different aspects/issues that you might in

Income statement, Frantic Fast Foods had earnings after taxes of $420,000 i...

Frantic Fast Foods had earnings after taxes of $420,000 in 2012 with 309,000 shares outstanding. On January 1, 2013, the firm issued 20,000 new shares. Because of the proceeds from

Explain passive personality principle, Explain passive personality principl...

Explain passive personality principle passive personality principle states that jurisdiction may be exercised in respect of events occurring outside a State's own territory whe

Legal profession - magistrates, Legal Profession - Magistrates However...

Legal Profession - Magistrates However the magistrate is an advocate that who is appointed through the Judicial Service Commission to the post of - The District M

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd