Payee - negotiable instruments, Business Law and Ethics

Payee - Negotiable Instruments

Some the payee like:

(i) Section 7(1) gives such where a bill is not payable for the bearer, such the payee must be named otherwise indicated therein belong to reasonable certainty therer.

(ii) Section 7(3) gives such whether the payee is a fictitious or may nonexistent person, such the bill may be treated like payable to bearer there.

(iii) Section 7(2) gives such a bill may be drawn payable to two or more payees jointly, or may like be drawn payable to one of two as or several payees there.

(iv) Section 7(2) gives such a bill may be drawn payable for the holder of an office there also.

Posted Date: 2/1/2013 6:46:11 AM | Location : United States







Related Discussions:- Payee - negotiable instruments, Assignment Help, Ask Question on Payee - negotiable instruments, Get Answer, Expert's Help, Payee - negotiable instruments Discussions

Write discussion on Payee - negotiable instruments
Your posts are moderated
Related Questions
Question 1: (a) A contract is valid as soon as the parties agree on its terms. According to you, is this statement correct? Justify your answer with the relevant enactment/cas

Liability For Misstatement Or Misrepresentation: This will be governed by the general principles of the law of contract, depending on whether the misstatement was:- a)A FRA

lord Coleridge - Judicial elucidation of acts: However lord Coleridge stated in Rv PETERS  as like "I am quite aware which dictionaries are not to be taken as authoritative ex

Proceedings at Meetings: (a)Each item of business comprised in the notice should be taken separately, discussed and put to the vote.  Members may propose ammendments to the re

Question 1 Mention any ten recommendations made by the Honey report Question 2 Explain the following Staff and line Span of Control Question 3 Explain A

Obiter Dictum Thus now  "by the way" statement made through a judge before delivering his judgement within  a view to  strengthening or re-enforcing his reasons to the decis

What are the organisations made up by United Nations? The United Nations was set up to make international public law after the Second World War. This is represented by nearly e

State the term - monetary policy coordination Criticisms have been put forward on proposals for enhanced fiscal and monetary policy coordination. This policy coordination might

Deadlock in the management: The company existed only to "work a particular patent" and as it could not do so it should be wound up. But if there are two or more alternative

Ben sold clothes at a market stall on weekends for a number of years. Two years ago business was very poor and Ben was forced to cease trading. Ben sold all of his remaining stock