Negotiable instruments - law of contract, Business Law and Ethics

Negotiable Instruments - Law of Contract

However past services may constitute valuable consideration to a bill of exchange under by s.27 of the Bills of Exchange Act that provides such valuable consideration for a bill may be constituted through "an  antecedent debt or liability".

Whether the brothers-in-law in Re McArdle, above had given Mrs. McArdle a bill to exchange or promissory note of by £488 payable after their mother's death then they would have been liable on it even nevertheless the work on the house had been completed about the time of drawing the bill or promissory note.

Posted Date: 1/22/2013 3:07:31 AM | Location : United States







Related Discussions:- Negotiable instruments - law of contract, Assignment Help, Ask Question on Negotiable instruments - law of contract, Get Answer, Expert's Help, Negotiable instruments - law of contract Discussions

Write discussion on Negotiable instruments - law of contract
Your posts are moderated
Related Questions
Variation of class rights of the preference shareholders: This was not a variation of class rights of the preference shareholders.  The company could resolve to go keen on liq

Mischief rule: "Four things are to be considered and discussed:; (i) First is 'what was the common law earlier than the making of the Act?' (ii) is 'what was the mischie

Directorship - company management: A directorship is not a professional job with a legally prescribed qualification. In the circumstances, anybody (even a six-months-old baby)

difference b/w offer and ITT AND PAKISTANI CASES OF AUCTION ,ADVERTISMENT,TENDERS AND DISPLAY OF GOODS?

QUESTION 1 Outline the history of Labour Laws in Mauritius QUESTION 2 a) In what circumstances can an employer raise the defence of abandonment of work? b) Section 1

Describe about the Policy Agenda Setting Agenda setting under direct democracy. Agenda setting concerns to the rules on the grounds of which policy proposals come up for a vote

Question 1: The Bill of Lading possesses the key features of an efficient transport document. Discuss. Question 2: A CIF sale is not a sale of goods but a Sale of Do

WHAT ARE MITIGATING FACTORS OF A CONTRACT

Economic and Social Council The Economic and Social Council (ECOSOC) is a specialized organ of the United Nations and was established, inter alia, to monitor and regulate human

3 ways in which the restaurant can engage in socially responsive activities in the community within which it operates.