Tag: Negotiable instruments
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Acceptance
Acceptance in United States Acceptance Definition (Lat. acdpere). Of Property. The receipt of a thing offered by another with an intention to retain it, indicated by some act sufficient for the purpose. 2 Pars. Cont. 221. , Tile element of receipt must enter into every acceptance, […]
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Indorsement
Indorsement in United States Indorsement Definition In Commercial Law. That which is written on the back of an instrument in writing, and which has relation to it. Writing one's name on the back , of a promissory note or other negotiable instrument 20 Vt. 499. An indorsement is […]
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Indorsement
Indorsement in United States Indorsement Definition In Commercial Law. That which is written on the back of an instrument in writing, and which has relation to it. Writing one's name on the back , of a promissory note or other negotiable instrument 20 Vt. 499. An indorsement is […]
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Dishonor
Dishonor in United States Dishonor Definition A term applied to the nonfulfillment of commercial engagements. To dishonor a bill of exchange or a promissory note is to refuse or neglect to pay it at maturity. The holder is bound to give notice to the parties to such instrument of its […]
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Dishonor
Dishonor in United States Dishonor Definition A term applied to the nonfulfillment of commercial engagements. To dishonor a bill of exchange or a promissory note is to refuse or neglect to pay it at maturity. The holder is bound to give notice to the parties to such instrument of its […]
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Proof of Signature
Proof of Signature (Enforcement) This section introduces, discusses and describes the basics of proof of signature. Then, cross references and a brief overview about Enforcement is provided. Finally, the subject of Negotiable Instruments in relation with proof of signature is examined. Note […]
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Proof of Signature
Proof of Signature (Enforcement) This section introduces, discusses and describes the basics of proof of signature. Then, cross references and a brief overview about Enforcement is provided. Finally, the subject of Negotiable Instruments in relation with proof of signature is examined. Note […]
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Discharge of Secondary Obligors
Discharge of Secondary Obligors (Discharge) This section introduces, discusses and describes the basics of discharge of secondary obligors. Then, cross references and a brief overview about Discharge is provided. Finally, the subject of Negotiable Instruments in relation with discharge of […]
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Discharge of Secondary Obligors
Discharge of Secondary Obligors (Discharge) This section introduces, discusses and describes the basics of discharge of secondary obligors. Then, cross references and a brief overview about Discharge is provided. Finally, the subject of Negotiable Instruments in relation with discharge of […]
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Consideration
Consideration Consideration Definition (Law Lat. comideratio). The material cause which moves a contracting party to enter into a contract. 2 Bl. Comm. 443. The price, motive, or matter of inducement to a contract, whether it be the compensation which is paid, or the inconvenience which is […]
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Consideration
Consideration Consideration Definition (Law Lat. comideratio). The material cause which moves a contracting party to enter into a contract. 2 Bl. Comm. 443. The price, motive, or matter of inducement to a contract, whether it be the compensation which is paid, or the inconvenience which is […]
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Warranties
Warranties in the United States Article 2 of the UCC contains several warranty provisions (including Implied Warranty and Express Warranty), though these are not related specifically to products liability. Thus, under UCC, Section 2-312, unless explicitly excluded, the seller warrants he is […]
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Warranties
Warranties in the United States Article 2 of the UCC contains several warranty provisions (including Implied Warranty and Express Warranty), though these are not related specifically to products liability. Thus, under UCC, Section 2-312, unless explicitly excluded, the seller warrants he is […]
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Effects
Effects in United States Effects Definition Property, or worldly substance. As thus used, it denotes property in a more extensive sense than goods. 2 Sharswood, Bl. Comm. 284; 223 111. 538. It includes all kinds of personalty (9 "West. Rep. 403), unless limited by context (13 Ves. […]
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Effects
Effects in United States Effects Definition Property, or worldly substance. As thus used, it denotes property in a more extensive sense than goods. 2 Sharswood, Bl. Comm. 284; 223 111. 538. It includes all kinds of personalty (9 "West. Rep. 403), unless limited by context (13 Ves. […]