Write a short note on (1. Payment in due course. (2. Noting and protesting. (3. Acceptor for honour. (4. Drawee in case of need
1. Payment in Due Course :- It means the payment according to the apparent tenore of the instrument in good faith and …
1. Payment in Due Course :- It means the payment according to the apparent tenore of the instrument in good faith and …
Explain the term holder and holder in due course and explain fully the privileges granted to a holder in due course …
Indorsement or Endorsement : A cheque or a bill is endorsed when the transferer puts his signature on the back or on a…
On the following grounds a banker can terminate the payment of a cheque : 1. Countermand Of Payment :- The drawer …
We can distinguish between cheque and promissory note by the following facts : 1. Order And Promise :- Cheque : …
We can distinguish between cheque and bill of exchange by the following facts : CHEQUE :- 1. It is always drawn on…
We can distinguish or difference between bill of exchange and promissory note by the points : 1. Number Of Parties :…
CHEQUE :- A written order of a depositor upon a bank to pay the designated party or the bearer a specified sum of mone…
Promissory Note :- It is an unconditional written promise by one person to another in which the maker (Payer) promises…
Negotiable Instruments :- The word "Negotiable" means transferable by delivery and the word instruments mean…
A bill of exchange is an instrument in writing containing an unconditional order signed by the maker directing a certai…