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Nego Lecture Notes PDF

15 Pages·2021·English
by  ['Cha']
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by ['Cha']| 2021| 15 pages| English

About Nego Lecture Notes

The document discusses key aspects of negotiable instruments law in the Philippines, including: 1. It provides background on the Negotiable Instruments Law (NIL), noting it was patterned after US uniform law and enacted in 1911. 2. Negotiable instruments include promissory notes, bills of exchange, and checks, and have the key functions of substituting for money, creating/transferring credit, and facilitating international trade. 3. For an instrument to be negotiable, the NIL requires it be in writing, signed, include an unconditional promise to pay a sum certain in money, and be payable on demand or at a fixed time.

Detailed Information

Author:['Cha']
Publication Year:2021
Pages:15
Language:English
Format:PDF
Price:FREE
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