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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...........................................................2 1 Introduction: ..............................................................................................................................3 2. Discuss what are these skills and instruments and propose how an entrepreneur can use them to his or her advantage:
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called derivatives instruments‚ which refers to the risk and management tools developed from basic financial instruments. In other words‚ it represents the financial instruments which derivate from the original ones such as shares ‚ bonds and currency and other basic financial instruments. Derivatives include foreign currency futures and currency options and forward as well as the Swap. Currently‚ at world’s main Mercantile Exchange derivatives have been the major instruments for financial dealing
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VIBRATION MEASUREMENT In some practical situations‚ it might be difficult to develop a mathematical model of the system and predict its vibration characteristics through an analytical study. In such cases‚ we can use experimental methods to measure the vibration response of the system to a known input. This helps in identifying the system in terms of its mass‚ stiffness‚ and damping. In practice the measurement of vibration becomes necessary for the following reasons: 1. The increasing demands
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EFFECT OF BANKING SECTOR REFORMS ON NIGERIAN ECONOMY BY AJAYI‚ L. B. (Ph.D) DEPARTMENT OF BANKING AND FINANCE FACULTY OF MANAGEMENT SCIENCES EKITI STATE UNIVERSITY OF ADO-EKITI‚ NIGERIA E-mail: boblaw2006@yahoo.com AND OPADOTUN B.A DEPARTMENT OF BANKING AND FINANCE FACULTY OF MANAGEMENT SCIENCES EKITI STATE UNIVERSITY OF ADO-EKITI‚ NIGERIA E-mail: bishopobey@yahoo.com ABSTRACT This paper investigates the
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Learning-Model Instrument The Learning-Model Instrument (page 32 in the text)‚ identifies four domains of learning based on an individual’s preference for cognitive or affective learning – and preference for concrete or abstract experiences. The premise for the model is that learning comes from thinking (cognition/abstract) and experiencing for most of us (affect/concrete). The Affective –Cognitive dimension correlates with the issues of people vs. task – another way of measure learning
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Next Generation Mobile Analytical Instruments Palm Nuclear Magnetic Resonance System (PNMR) University Research & Entrepreneurship Symposium April 1‚ 2010 Dr. Marcus Semones WaveGuide Corporation WaveGuide is an early stage mobile analytical instrument company building a suite of next generation handheld (i) infrared and (ii) nuclear magnetic resonance spectrometers for portable use in multiple untapped markets. WaveGuide’s business model: •Acquire exclusive worldwide licensing for existing
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By payment in due course: The instrument is discharged by payment made in due course by the party who is primarily liable to pay‚ or by a person who is accommodated in case the instrument was made or accepted for his accommodation‚ The payment must be made at or after the maturity to the holder of the instrument if the maker or acceptor is to be discharged. A payment by a party who is secondarily liable does not discharge the instrument. By party primarily liable by becoming holder (Section
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Musical Instruments The Chinese philosopher Confucius said long ago that “Music produces a kind of pleasure which human nature cannot do without.” Being able to play any musical instrument is extremely satisfying. This includes everyone from the person who has mastered her instrument right down to the beginner who knows only a few chords. I personally believe that if there’s one thing you should learn in your lifetime‚ it’s how to play an instrument. Learning to play a musical instrument offers
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Music and Instruments Secular and religious music in Medieval Europe was an important part of everyday life in the Middle Ages‚ it was most important time was during festivities and celebrations. The people in those times would celebrate on any occasions from all holidays that we celebrate like Christmas‚ to even before meals. In that period of time music was more important and a great form of entertainment than it is modern time. They had many different types of music and instruments they played
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