BILLS OF EXCHANGE According to Indian Negotiable Instrument Act‚ “ A bill of exchange is an instrument in writing‚ an unconditional order‚ signed by the maker‚ directing a certain person to pay a certain sum of money only to or to the order of certain person or to the bearer of the instrument.” CHARACTERISTICS Bills of exchange has got the following features: 1. An Unconditional order It is an order by the drawer (creditor) to his drawee {debtor) without any condition
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University | | |(dropped out) | |Occupation |Co-founder and Chairman of Microsoft | | |Co-Chair of the Bill & Melinda Gates Foundation | | |CEO of Cascade Investment | | |Chairman of Corbis | |Years active |1975–present
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unique role of banks in cross-border trade? Banks are important facilitators of cross-border trade (international trade). More specifically‚ banks not only provide letter of credit‚ a significant component of financing in many international trades transactions but they also acts as the primary channel for the payment of such transaction flow. As modern business much relies on the efficient functioning of financial market to conduct the international business‚ the banks play an important role for
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Analyze globalization’s role in the development of international business. In today business world‚ globalization seems to be an important tool for businesses to positioning themselves in borderless trade system. As we all know that globalization is the worldwide trend which economics of every country all over the world become integrated to another. This integration phenomenal is cause from technological advances‚ the flow of capital‚ free-market capitalism‚ lowing tariff barriers‚ privatizing enterprises
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the RH Bill Many Filipino people tracked the past blazing issue on the passing of Reproductive Health Bill because of strong arguments between the government and the Catholic Church. These two opposing sides were debating on this‚ pros and cons‚ consecutively. After decades of debating‚ our country passed the said bill despite of its negative effects. Since it’s already a law‚ it can no longer be debated anymore. A lot of changes were brought due to this extent. Reproductive Health Bill has brought
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Bill Gates HISTORY William Henry "Bill" Gates III was born in 1955 in Seattle. He grew up in an upper middle-class family with two sisters: Kristianne‚ who is older‚ and Libby‚ who is younger. His father was a prominent lawyer and mother served on the board of directors of national bank. He was excellent in all subjects at school. At Lakeside School which he attended‚ a Seattle computer company offered to provide computer time for the students. That ’s where his interest in computers
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Inside: İzmir International Fair 1.- SYNOPSIS Inside: İzmir International Fair will allow us to become familiar with the oldest tradeshow in Turkey‚ considered the cradle of Turkey’s fairs and expositions industry. This study will show the way the Fair works from the inside‚ will analyze and show the history of the fair and the city where it takes place‚ İzmir and will discover how‚ in its 80th year‚ İzmir International Fair still goes from strength to strength‚ attracting the largest
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International Trade and Finance Speech Josh Van Kampen University of Phoenix Principles of Macroeconomics ECO/372 April 16‚ 2012 International trade and finance The United States is one of world’s leaders in international trade for oil‚ natural resources‚ and many other items. Various trade organizations and tax treaties have been established worldwide among various countries because the potential amount of business that can be done with various countries is growing in
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Today marks the 300th anniversary of the ratification Constitution and the bill of rights. To celebrate this day we are going to look through the years on how these documents helped create the identity of America. National governments and the state of the specific duties and powers as well as sharing the same laws‚ not laws adopted in accordance with the Constitution‚ the supreme law of the country. Creating three distinct branches; the legislative‚ executive and judicial. Each branch has specific
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David Ricardo‚ in his Principles of Political Economy (1817)‚ furnished a more precise formulation of the theory of international trade. At the centre of the Ricardian theory of international trade is the celebrated principle of comparative advantage of "doctrine of comparative costs." In fact‚ the doctrine of comparative costs was developed by Ricardo out of his (classical) labour theory of value. According to this theory‚ the value of any commodity is determined by its labour costs. It asserts
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