Negotiable Instruments As Facilitators for Trade and Commerce And Ten Years Taking Forward Presented By GROUP 5 JINAL JAIKRISHNAN- 33 DEEPA SINGH - 34 DINESH REDDY - 35 SAGAYA ALBERT – 36 BLESSON ANTONY - 37 PRITI YADAV - 38 RITU DEBNATH - 39 NITIN PATIL - 40 Submitted to: Submitted on: Prof. Anant Amdekar 6th February‚ 2012 CONTENTS TOPIC PAGE NO. 1. INTRODUCTION 2. EVOLUTION OF NEGOTIABLE INSTRUMENTS 3
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Q#1: A draws a bill payable to B or order with X‚ as the drawee. The bill was successively endorsed to C‚ D‚ E and F‚ holder. X does not pay and F has duly protested non-payment. Y pays for the honor of C. Which of the following statement is wrong? a. D is discharged. b. E is discharged. c. C is discharged. d. Y can ask reimbursement from A. Answer: C All parties subsequent to the party whose honor it is paid are discharged but the payor for honor is subrogated for‚ and succeeds to
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re-orientate to correct orientation as illustrated. Cheok Xue Ting . A0073477W . ME3263 Design for Manufacturing and Assembly . DFA Term Project 2. Apply adhesive around the circumference of Plastic Len (2). This part of operation is slow because care has to be taken to apply the adhesive to the circumference of
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THE USE OF FISCAL INSTRUMENTS IN SUSTAINABLE BUILDING POLICIES M.M. Sunikka1 Abstract Although progressive government guidelines and knowledge about sustainable building exist‚ sustainability measures are not adopted in large scale. Several barriers have been identified‚ especially the perceived costs of implementing environmental management and the lack of market demand. The choice of fiscal instruments is an important issue in sustainable building policies. This paper presents an analysis
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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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InstrumentsAbstract The present financial market is flooded with a lot investment instruments‚ viz.‚ Shares‚ Bonds‚ Mutual funds‚ Insurance plans‚ Fixed Deposits‚ other money and capital market instruments and also various options of investment in Real Estate and Commodity Market etc. Sometimes people refer to these options as "investment vehicles‚" which is just another way of saying "a way to invest." Each of these vehicles has its own positives and negatives and ultimate decision of investment is influenced
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THE NEGOTIABLE INSTRUMENTS LAW I. FORM AND INTERPRETATION Section 1. Form of negotiable instruments. - An instrument to be negotiable must conform to the following requirements: (a) It must be in writing and signed by the maker or drawer; (b) Must contain an unconditional promise or order to pay a sum certain in money; (c) Must be payable on demand‚ or at a fixed or determinable future time; (d) Must be payable to order or to bearer; and (e) Where the instrument is addressed to
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I. Food Manufacturing Industry in Philippines Food manufacturing‚ which includes food and beverage processing‚ remains the Philippines most dominant primary industry. The industry is worth a gross added value of more than $2 billion and grew by 3.2 percent. The Philippines Bureau of Food and Drugs Statistical Report of Establishments lists a total number of 11601 food processing establishments nationwide. Most of the companies are owned by a single proprietor that is common among micro‚ cottage
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QUESTIONAIRE: QUESTIONAIRE The most common instrument or tool of research for obtaining the data beyond the physical reach of the observer which‚ for ex. May be sent to human beings who are thousands of miles away or just around the corner. Two Forms of Questionnaire : Two Forms of Questionnaire Closed form / Closed-ended Open form / Open-ended Closed-Ended Questions • The respondents are given a list of predetermined responses from which to choose their answer • The list of responses
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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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