Negotiable Instruments

Beschreibung

Second Year Law Mindmap am Negotiable Instruments, erstellt von katy_mcbride12 am 29/04/2013.
katy_mcbride12
Mindmap von katy_mcbride12, aktualisiert more than 1 year ago
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Erstellt von katy_mcbride12 vor etwa 11 Jahre
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Zusammenfassung der Ressource

Negotiable Instruments
  1. Payee presents bill for payment to the drawee. Payee can sell it on to another payee.
    1. Drawee accepts liability by signing it making them the acceptor.
      1. Addressed from the drawer to the drawee
    2. Bill must be an order to pay not a wish.
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