ABSTRACT Although every business uses negotiable instrument in one way or other but very few individual understand the overall scope and facts about these instruments. Negotiable instrument is an unconditional order or promise to pay an amount of money‚ easily transferable from one person to another. Negotiable Instruments have their origin in centuries past where they were developed as an alternative to the risk of carrying gold or money from market town to market town. Hence we have decided
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Some of these documents are called negotiable instruments. In this lesson let us learn about these documents. Learning objectives On completion of this topic‚ you should be able to: Describe the principle of negotiability and the uses of negotiable instrument; Describe the nature of accommodation bills and promissory notes; Outline the main legislation dealing with negotiable instruments; Describe the definitions and types of instruments under the Cheques Act; Explain transferability
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NEGOTIABLE INSTRUMENTS NEGOTIABLE INSTRUMENT According to Section 13 (a) of the Act‚ “Negotiable instrument means a promissory note‚ bill of exchange or cheque payable either to order or to bearer‚ whether the word “order” or “ bearer” appear on the instrument or not.” A negotiable instrument is a document guaranteeing the payment of a specific amount of money‚ either on demand‚ or at a set time‚ with the payer named on the document. Examples of negotiable instruments include promissory
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Chinese Instrument: Guzheng Done By: Ng Yee Ru 5Care Introduction Of Guzheng The guzheng or gu zheng (Chinese: 古 筝 ‚gǔzhēng) is a traditional Chinese plucked string instrument. It has 18 to23 or more strings and movable bridges. The guzheng is similar to Japanese koto ， the Mongolian yatga‚ the Korean gayageum ， and the Vietnamese đàn tranh. The guzheng should not be confused with the guqin. Guqin is another ancient Chinese string instrument without bridges. History Of Guzheng The early
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History and/or Manufacturers: http://www.fluteinfo.com/Doc/Origin.html http://www.flutekids.eu/en/historyflute_en.htm Well I choose Flute as my favorite instrument. But unfortunately it is nowhere mentioned that who actually discover Flute‚ but we have lot more information about the history of flute. Thousands of years ago it was found in the cave in Northern France with unknown number of holes. It was carved with bones. Those flutes were used during the hunting and magic rituals. As mentioned
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Mattieu Maynard ENG 1110 L.Thiel Reflective Essay “Playing An Instrument VS Being The Instrument” Since the beginning of time‚ I believe there have been music lovers. As time has progressed‚ we have identified so many different genres and styles of music that have touched our souls in so many ways that‚ to me‚ is similar to King Midas turning anything he touched into gold as these musical notes‚ instruments‚ harmonies and lyrics reach into the very depths of our self being and seem to spark
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0 Assignment On Negotiable Instruments in Banking Course Title: Introduction to Banking Course Code: FIN-305 Assigned To: Mr. S.M. Athiqur Rahman Lecturer Dept. of Business Administration Leading University‚ Sylhet‚ Bangladesh. Prepared By: Md. Inzamam-Ul Haq Talukder ID. # 1101010342 Section: E 7th Semester (27th Batch) Leading University‚ Sylhet‚ Bangladesh D ATE OF SUBMISSION: APRIL 21‚ 2013 i Declaration This assignment paper has been prepared by myself which is
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Musical instruments according to their Family Trumpet A soprano brass wind instrument consisting of a long metal tube looped once and ending in a flared bell‚ the modern type being equipped with three valves for producing variations in pitch. Trombone A brass instrument consisting of a long cylindrical tube bent upon itself twice‚ ending in a bell-shaped mouth‚ and having a movable U-shaped slide for producing different pitches. French Horn A valved brass wind instrument that produces
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Nepalese Musical Instruments MusicThe Newars are very much rich in traditional‚ classical and folk music as in dances. Various music and dance events take place in different parts of Newar societies on the occasion of different festivals. In fact‚ the Newars are so duly intermixed with music and dances that not a single festival‚ feast or ceremony‚ ’from womb to tomb’‚ passes without a music or music and dances. Various songs‚ musical instruments and dances are connected with various religious
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Negotiable Instruments L08 Explain how the liability of a party to pay an instrument is normally discharged. Discharge of Liability The obligation of a party to pay an instrument is discharged (1) if he meets the requirements set out in Revised Article 3 or (2) by any act or agreement that would discharge an obligation to pay money on a simple contract. Discharge of an obligation is not effective against a person who has the rights of a holder in due course of the instrument and took the instrument without
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