Business Law Unit 4
Business Law Unit 4 Presentation of Negotiable Instruments Presentment of a negotiable instrument means presenting or showing a negotiable instrument to the drawee, maker or...
Business Law Unit 3
Business Law Unit 3 Definition of Negotiable Instruments The law relating to negotiable instrument is embodied in the negotiable instruments act 1881. It deals with...
Business Law Unit 2
Business Law Unit 2 Rights of Unpaid Seller Rights of an Unpaid Seller Against GoodsAn unpaid seller is one who is not paid for the...
Business Law Unit 1
Business Law Unit 1 Definition of Goods And Sale According to section 2(7) of the Sale of Goods Act, 1930, Goods means every kind of...
Dishonour of Negotiable Instruments
TOPIC- Dishonour of Negotiable Instruments IntroductionIf negotiable instrument is presented for acceptance, sight or payment before the acceptor, maker, drawer or other party liable thereon...
Noting and Protest
TOPIC- Noting and Protest Negotiable instruments, such as bills of exchange, promissory notes or cheques are pieces of paper representing the ownership of debts and...
Discharge From Liability
TOPIC- Discharge From Liability Discharge From LiabilityThe maker, acceptor or endorser respectively of a negotiable instrument is discharged from liability thereon-By cancellation-to a holder thereof...
Crossing of Cheques
TOPIC- Crossing of Cheques A crossed cheque is a cheque that has been marked to specify an instruction about the way it is to be...
Essential Rules of Valid Acceptance
TOPIC: Essential Rules of Valid Acceptance 1. Acceptance must be given on the bill:No specific form is prescribed. However, the acceptance must be given on...
Presentation of Negotiable Instruments
TOPIC- Presentation of Negotiable Instruments Presentment of a negotiable instrument means presenting or showing a negotiable instrument to the drawee, maker or acceptor.This presentment may...