Code: FM-306 Lesson: 1 Author: Dr. S.S. Kundu Vetter: Dr. B.S. Bodla NEGOTIABLE INSTRUMENTS ACT‚ 1881 STRUCTURE 1.0 1.1 1.2 1.3 1.4 1.5 Objectives Introduction Meaning of Negotiable Instruments Characteristics of a negotiable instrument Presumptions as to negotiable instrument Types of negotiable Instrument 1.5.1 Promissory notes 1.5.2 Bill of exchange 1.5.3 Cheques 1.5.4 Hundis 1.6 Parties to negotiable instruments 1.6.1 Parties to Bill of Exchange 1.6.2 Parties to a Promissory Note 1.6.3 Parties
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Negotiable Instruments A negotiable instrument is a document guaranteeing the payment of a specific amount of money‚ either on demand‚ or at a set time‚ without conditions in addition to payment imposed on the payer. Cheques or promissory notes are common examples. Negotiable instruments are often defined in legislation.Although often discussed as foundational in commercial law‚ their modern relevance is sometimes questioned. More precisely‚ it is a document contemplated by a contract‚ which warrants
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their parents and ask‚ “Mom‚ Dad‚ can I learn to play an instrument?” Whether or not it is the guitar‚ drums‚ piano‚ or flute a child could possibly have the thought of wanting to learn how to play an instrument. When Mom and Dad end up saying no to their child they should stop and realize that when a child knows how to play a musical instrument it can help them out in many more ways than they know (iDiva). Having a young kid learn an instrument can help develop better coordination‚ build better concentration
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Surgical Instruments Surgery has been performed since ancient times. The earliest recorded surgical operations were circumcision and trepanation. (Circumcision is the removal of the foreskin of the penis. Trepanation involves making a hole in the skull to relieve pressure and/or release spirits.) The earliest instruments used in these procedures were flint or obsidian (shiny stone) knives and saws. Stone Age skulls from around the world have been found with holes in them from trepanning. Primitive
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NEGOTIABLE INSTRUMENT QUESTION 1 A bill of exchange is defined as an unconditional order in writing‚ addresses to another‚ signed by the person giving it‚ requiring the person whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to‚ or to the order of a specified person‚ or to bearer. One of the characteristics of the bill of exchange is an unconditional in writing: order and not request. The example of Conditional situation are‚ given discretion
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The Saxophone is my favorite instrument. Despite being made entirely of brass‚ the saxophone is considered a woodwind because it utilizes a reed to create its sound. It looks smooth and sexy‚ yet the sound is rich and strong. Although it is more commonly found in jazz‚ military and marching bands than in orchestras‚ it is occasionally found in some classical music. 1. History and Manufacturers: A. http://library.thinkquest.org. This website was wonderfully rich in information. On
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attitude relative to the horizon. From this the pilot can tell whether the wings are level and if the aircraft nose is pointing above or below the horizon. This is a primary instrument for instrument flight and is also useful in conditions of poor visibility. Pilots are trained to use other instruments in combination should this instrument or its power fail. The airspeed indicator shows the aircraft’s speed (usually in knots ) relative to the surrounding air. It works by measuring the ram-air pressure
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i Chapter 6 Measurement of Precipitation CONTENTS 6.1 Definitions and Units ............................................................................................................ 1 6.2 Observation Instruments ..................................................................................................... 1 6.2.1 Cylindrical Rain Gauges and Ordinary Rain Gauges ................................................ 1 6.2.2 Siphon Rain Gauges ............................................
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The saxophone is my favorite instrument. The saxophone is in the woodwind family‚ even though it is made of brass. The saxophone is a normally used in jazz music‚ but can also be found in rock music and some classical music. 1. History and/or Manufacturers A. http://library.thinkquest.org It was invented by Adolphe Sax‚ a Belgian. He was born in 1814‚ and as a child he learned to make instruments in his father’s shop. There are a variety of saxophone‚ but the four most popular are the
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Resource Weakness Thompson‚ Peteraf‚ Gamble‚ and Strickland (2012) say that a weakness‚ or competitive disadvantage‚ is something that a company lacks or does poorly‚ or a condition that puts it at a competitive disadvantage in the market place. There are three resource weaknesses that can exist. The three weaknesses are inferior or unproven skills‚ expertise‚ or intellectual capital in competitively important areas of business‚ deficiencies in competitively important physical‚ organizational
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