Negotiable instrument From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search A negotiable instrument is a document contemplated by a contract‚ warranting (1) the payment of money‚ the promise of order for conveyance of which is unconditional; and‚ (2) which specifies or describes the payee‚ who is designated on and memorialized by the instrument and which is capable of change through transfer by valid negotiation of the instrument. As payment of money is promised subsequently‚ the
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melodies‚ organums‚ and little or no notations. Then instruments such as the rebec‚ pipe‚ and psaltery were among the first used. Instrumental music‚ also known as estampie‚ was invaluable and mainly for entertainment and dance. It wasn ’t until the end of the seventeenth century that instrumental music surpassed vocal music on levels of importance and acceptance. Composers‚ with new ideas and visions‚ took the reigns in the world of music. Instruments became the main tools of musicians and composers
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Examples of negotiable instruments A commercial paper is an instrument which embodies contractual rights‚ and the possession of the instrument is required to enforce those rights that are contained in it Although negotiable instruments (eg bills‚ cheques‚ promissory notes‚ certain bearer debentures‚ bonds and share warrants) are categorised as commercial paper‚ not all commercial papers are negotiable instruments. Examples of commercial papers which are not negotiable instruments include bills of lading
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Instrument Landing System Operational Notes Contents Disclaimer These notes are a reproduction of a booklet originally published by the Department of Aviation. Although these notes are no longer in print‚ they continue to provide a valuable resource and are made available as reference material for students‚ pilots and instructors. The notes have not been edited‚ and as they were written 20 or more years ago‚ may contain information relating to systems that are no longer in production or have been
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FAMOUS CASES ON NEGOTIABLE INSTRUMENTS ACT* LIABILITY OF PAYING BANKER WHEN CUSTOMER’S SIGNATURE ON CHEQUE IS FORGED 1. When the customer’s signature on the cheque is forged there is no mandate to the bank to pay. As such a banker is not entitled to debit the customer’s account on such forged cheque. In Canara Bank vs. Canara Sales Corporation and Others [(1987)2 Supreme Court Cases 666] the company has a current account with the bank which was operated by the Company’s Managing Director
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CPA Regulation Negotiable Instruments and Secured Transactions Negotiable Instruments and Secured Transactions What is a note and who are the parties to a note? © 2011 HOCK international 91 A note is a written promise to pay money. Notes are different from drafts in that notes are a promise to pay. If there is any doubt whether a document is a note or a draft‚ the holder of the document can decide what it is. There are two parties involved in a note. 1) The Issuer (Maker) is
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The Negotiable Instrument Act 1881 Compiled By Neelakshi Jaidka OBJECTIVES After reading this lesson‚ you should be able to- • Understand meaning‚ essential characteristics and types of negotiable instruments; • Describe the meaning and marketing of cheques‚ crossing of cheques and cancellation of crossing of a cheque; • Explain capacity and liability parties to a negotiable instruments; and • Understand various provisions of negotiable instrument Act‚ 1881 regarding negotiation‚ assignment
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Huzair Kalia Speech 1100 Persuasive Speech Why you should play an Instrument General Purpose: To inform my audience why they should play a musical instrument and persuade them. Introduction: I. Attention Getter: We live in a world that hardly knows anything about rest or leisure. We are so occupied by our daily routine and juggling between different responsibilities that we rarely have time for ourselves. It is important to have something in your life that you love to do and that relaxes you. II
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NEGOTIABLE INSTRUMENTS LAW DEFINITIONS: 1) PROMISORY NOTE – It is an unconditional promise in writing made by one person to another‚ signed by the maker‚ engaging to pay on demand‚ or at a fixed or determinable future time‚ a sum certain in money‚ to order or to bearer. (Sec. 184‚ NIL) 2) BILL OF EXCHANGE – It is an unconditional order in writing‚ addressed by one person to another‚ signed by the person giving it‚ requiring the person to whom it is addressed‚ to pay on demand‚ or a fixed or determinable
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to the Black Death‚ many instruments were made during the time as an improvement of musical appreciation. Many instruments that were made during the time are still used today (bagpipes and harps)‚ while the rest eventually transformed into instruments people currently know about and play (trumpets‚ guitars‚ flutes‚ violins‚ etc.). During a Renaissance fair‚ people can listen to the sounds the instruments made back then‚ and how those sounds became similar to the instruments used today. Invented in
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