i Chapter 6 Measurement of Precipitation CONTENTS 6.1 Definitions and Units ............................................................................................................ 1 6.2 Observation Instruments ..................................................................................................... 1 6.2.1 Cylindrical Rain Gauges and Ordinary Rain Gauges ................................................ 1 6.2.2 Siphon Rain Gauges ............................................
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Surgical Instruments Surgery has been performed since ancient times. The earliest recorded surgical operations were circumcision and trepanation. (Circumcision is the removal of the foreskin of the penis. Trepanation involves making a hole in the skull to relieve pressure and/or release spirits.) The earliest instruments used in these procedures were flint or obsidian (shiny stone) knives and saws. Stone Age skulls from around the world have been found with holes in them from trepanning. Primitive
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NEGOTIABLE INSTRUMENTS ACT Negotiable Instruments are money/cash equivalents. These can be converted into liquid cash subject to certain conditions. They play an important role in the economy in settlement of debts and claims. The transactions involving the Negotiable Instruments in our country are regulated by law and the framework of the Statute which governs the transaction of these instruments is known as The Negotiable Instruments Act. This act was framed in our country in the year 1881
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for businessmen to make use of certain documents as means of making payment. Some of these documents are called negotiable instruments. In this lesson let us learn about these documents. Learning objectives On completion of this topic‚ you should be able to: Describe the principle of negotiability and the uses of negotiable instrument; Describe the nature of accommodation bills and promissory notes; Outline the main legislation dealing with negotiable instruments; Describe the definitions
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Cecil who is a holder in due course. Cecil indorsed the note to David who knew of the failure of consideration. Can David successfully collect from Ariel? a. No‚ because David knew the failure of consideration. b. No‚ although David acquired the rights of Cecil‚ a holder in due course and he was not a party to any illegality. c. Yes‚ because David acquired the note for consideration. d. No‚ becuase David is not a holder in due course. Answer: C Sec. 58 of Negotiable Instrument Law provides
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Negotiable Instruments Law Negotiable Instruments‚ In General Function and importance of negotiable instruments • Although they do not constitute legal tender‚ they are used as a substitute for money. • Negotiable papers‚ particularly checks‚ constitute‚ at present‚ the media of exchange for most commercial transactions. • Negotiable instruments also serve as a medium of credit transactions. • Negotiable instruments shall produce the effect of payment only when they
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1. (a)What are the derivative instruments that the company uses? Overall utilization of derivative instruments by AirAsia is for both purposes of hedging and held for trading. For instance using certain derivative instrument to hedge a particular or contingent risk associated with a recognized asset and liability and highly probable forecast transaction. Derivative instrument are recognized at fair value when parties are entered into contract and subsequently are measured at their fair value
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Negotiable Instruments A negotiable instrument is a document guaranteeing the payment of a specific amount of money‚ either on demand‚ or at a set time‚ without conditions in addition to payment imposed on the payer. Cheques or promissory notes are common examples. Negotiable instruments are often defined in legislation.Although often discussed as foundational in commercial law‚ their modern relevance is sometimes questioned. More precisely‚ it is a document contemplated by a contract‚ which warrants
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ABSTRACT Although every business uses negotiable instrument in one way or other but very few individual understand the overall scope and facts about these instruments. Negotiable instrument is an unconditional order or promise to pay an amount of money‚ easily transferable from one person to another. Negotiable Instruments have their origin in centuries past where they were developed as an alternative to the risk of carrying gold or money from market town to market town. Hence we have decided
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The Saxophone is my favorite instrument. Despite being made entirely of brass‚ the saxophone is considered a woodwind because it utilizes a reed to create its sound. It looks smooth and sexy‚ yet the sound is rich and strong. Although it is more commonly found in jazz‚ military and marching bands than in orchestras‚ it is occasionally found in some classical music. 1. History and Manufacturers: A. http://library.thinkquest.org. This website was wonderfully rich in information. On
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