Mind map
Negotiable Instruments
Mind map: Negotiable instruments
Map content
Negotiable Instruments
Payee presents bill for payment to the drawee. Payee can sell it on to another payee.
- Drawee accepts liability by signing it making them the acceptor.
- Addressed from the drawer to the drawee
- Drawee accepts liability by signing it making them the acceptor.
Bill must be an order to pay not a wish.
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- Description
- Second Year Law Mind Map on Negotiable Instruments, created by katy_mcbride12 on 29/04/2013.
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- katy_mcbride12
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