Excerpt from Bills, Notes, and Checks: Part II. Instruction Paper
Further, a negotiable instrument taken in conditional payment of a debt is value, because the creditor's right to sue upon the debt is suspended.5 The opposite view may be found in a host of cases given by Dean Ames, 1 Cases on Bills and Notes, 667, 668, u. 1.
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Paperback. Condition: New. Print on Demand. This book delves into the fascinating history and intricacies of negotiable instruments like bills, notes, and checks. It explores the evolution of these financial tools, tracing their roots back to the "Law Merchant" ââ â a set of customs and practices that governed trade among merchants for centuries. The author meticulously examines the clash between the Law Merchant and common law, highlighting the tension as formal legal systems attempted to integrate and regulate these established commercial practices. Central to the discussion is the concept of "valuable consideration" ââ â what constitutes value in the exchange of negotiable instruments. The author dissects legal precedents and landmark cases, unraveling the complexities of determining valid consideration and the rights of holders in due course. The book delves into various scenarios, including overdue instruments, lost or stolen instruments, and the impact of alterations on their validity. By shedding light on the historical development and legal underpinnings of negotiable instruments, this book offers valuable insights into the foundations of modern commerce and finance. The author's exploration of these instruments underscores their enduring relevance in facilitating trade and shaping the financial landscape as we know it. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9780332222936_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780332222936
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Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780332222936
Quantity: 15 available