Requisites in form - negotiable instruments, Business Law and Ethics

Assignment Help:

Requisites in Form - Negotiable Instruments

 To satisfy to the statutory definition the document alleged such to be a bill of exchange must be: like

 (a) Unconditional. Example is: the drawer stipulates llike; 'provided such the receipt form on the foot hereof is duly signed', whether this is not a bill of exchange if there is a condition like imposed: as; Bavins, Junior and Sims v London and South Western Bank Limited. So.

 (b) An "order". To say "I shall be pleased whether you will pay" like is not an order even though a mere request, since the expression "please pay..." like is a polite order there.

 (c) "In writing". Whether this includes print and typewriting there.

 (d) "Signed" through the drawer. Nonetheless, a person's signature can be put to a bill through his agent there.

 (e) An order "to pay" like S.3(2)like gives that "which orders any act to be done in addition for the payment of money is such not a bill of exchange there."


Related Discussions:- Requisites in form - negotiable instruments

Article 1 - state responsibility, Article 1 - State Responsibility The ...

Article 1 - State Responsibility The laws on state responsibility are derived from state practices and various other customs and practices. However the main text on the law of

Restatement of the fundamental rule, Restatement of the fundamental rule: ...

Restatement of the fundamental rule: In Bray v Ford Lord Herschell stated that the aforesaid rule is not "founded upon principles of morality" but is based on the consideratio

Explain the term recognition, Explain the term RECOGNITION RECOGNITION...

Explain the term RECOGNITION RECOGNITION The term Recognition under international law means and involves the acceptance or acknowledgment of the existence by a State of an

Bbal 401 - company law, It has been estimated that about 6,000 phoenix co...

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on indi

What is the theory of contracts, What is the Theory of Contracts The sp...

What is the Theory of Contracts The specialized relationship between principal and agent and between agents themselves in the policy process has been explained with the economi

International competition law, Select a specific industry or corporation an...

Select a specific industry or corporation and analyse the factors that determine a competitive or anticompetitive outcome;    - Factors such as profit motives interacting with the

Contracts illegal at the common law, Contracts illegal at the common law ...

Contracts illegal at the common law However a contract which is prohibited through the common law is frequently described as being as "contrary to public policy" as i.e. the c

Briefly outline the role of the state in employee relations, Question 1: ...

Question 1: (a) Briefly outline the role of the State in Employee Relations. (b) Write short notes on any three of the following: (i) The Ministry of Labour and Industrial

Give five differences between law and ethics, QUESTION (a) In scientifi...

QUESTION (a) In scientific ethics, list four fundamental principles of scientific research? (b) Give five differences between law and ethics (c) When does a ‘Conflict of

Some provisions of the factories act, Some provisions of the Factories Act ...

Some provisions of the Factories Act and its amendments are given below. 1.   These provisions relate mainly to the health, safety and welfare of the workers in industry. 2.

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