NEGOTIABLE INSTRUMENTS ACT‚1881 Definition of a Negotiable Instrument. The law relating to negotiable instruments is contained in the Negotiable Instruments Act‚ 1881. It is an Act to define and amend the law relating to promissory notes‚ bills of exchange and cheques. The Act does not affect the custom or local usage relating to an instrument in oriental language i.e.‚ a Hundi. The term "negotiable instrument" means a document transferable from one person to another. However the Act
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CHRISTIAN SERVICE UNIVERSITY COLLEGE BACHELOR OF BUSINESS ADMINISTRATION RESEARCH TITLE: Challenges facing mobile bankers of microfinance institutions in Ghana A case study of Eden microfinance institution in the Kumasi metropolis GROUP MEMBERS INDEX NUMBER SUPERVISOR MISS ABIGAIL ASAMOAH CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY * In Ghana it is estimated that only 6 percent of the entire population have access to formal financial services‚ with the
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by two problems: the tendency to make attributions when focusing on another’s behavior‚ fundamental attribution error; or focusing on one’s own behavior‚ a self-serving bias. The banking industry exemplifies a unique environment where personal bankers are committed to fundamental attribution error and self-serving bias simultaneously. In this instance the “other” is a bank; where a banker’s efforts are considered in the best interest of the company by meeting or exceeding specified sales goals
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Obligation of a Banker to maintain secrecy is applicable to a) Only in case of existing deposit accounts b) Only in respect existing loan accounts c) Only in case of closed accounts d) All types of deposit/loan accounts (existing/closed) (d) 5) Bank A allows one of its clients to withdraw against clearing of a cheque. The banker is called as: a) Collecting and Paying banker b) Holder in due course c) Holder for value d) Reimbursement banker
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Question 1 Define cheque and identify the characteristic of cheque. CHEQUE Definition of cheque is under section 73‚ a cheque is a bill of exchange drawn on a banker and payable on demand. The characteristics of cheque is it is an unconditional order in writing. “ Writing ” has been in section 3 of the Interpretation Act‚1967 to include all modes of representing or reproducing in visible form. Hence‚ a cheque may be printed and even be written in pencil as well
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GOOGLE name University: course codes 4/16/2015 In the business arena‚ corporations struggle through the existing economic turmoil thus survival of company financing depends on strategies from transitions of proprietorship to a publicly traded company. The purpose of this paper is to explore Google’s changeover from a business owner to a public traded business. Further study has six excerptions of how Google’s conversion process and the conversion of that effect on business financing.
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When the banker thinks of killing the lawyer he says‚ “He is asleep and most likely dreaming of the millions. And I have only to take this half-dead‚ throws him on the bed‚ stifle him a little with a pillow‚ and the most conscientious except would find no sign of a violent death.” (Chekhov 6). This quote explains that the banker was planning to kill the lawyer. The phrase “stifles him a little with a pillow” and the words “violent death” shows the cruel behavior of the banker. The banker shows selfishness
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John Pierpont Morgan was born on April 17‚ 1837 in Hartford‚CT. John was born to Juliet Pierpont and Junius Spencer Morgan. Junius S Morgan was well known banker and financier. John Pierpont Morgan grows to be another well known banker and financier like his dad. Furthermore‚ there are more roots where J.P Morgan comes from like his education. What education did J.P Morgan get? Well J.P Morgan attended Cheshire Academy‚University of Göttingen‚ and The English High School. J.P Morgan went to
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talk about two characters that think they can win or have everything that they want or think. On “The necklace‚” a girl named Madame Mathilde Loisel thought she needed everything because she was a pretty girl‚ but she was very poor. On “The Bet‚” the banker makes a bet that he thought that he would win a bet. “The Necklace” and “The Bet” functions to reveal aspects of character by showing their thinking and their character traits. In the first place‚ “The Necklace” written by Guy de Maupassant (1884)
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arentheses at the start of the question‚ and the total points for the entire assignment adds up to 100. This assignment covers Statistics as related to finance. Refer to Note on Review of Statistics before you attempt this assignment. And feel free to use the statistical functions in Excel/Spreadsheets to calculate stuff. In accordance with the Coursera Honor Code‚ I (Amanda Milligan) certify that the answers here are my own work. Question 1 (5 points) Shareholders of Exxon Oil Company face a
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