Negotiable Instruments (Classic Reprint): Lecture; American Correspondence School of Law: Lecture; American Correspondence School of Law (Classic Reprint) - Softcover

Inhaltsangabe

If you need to understand how negotiable paper works in the real world, this edition breaks it down clearly. Learn the rules that govern transfer, acceptance, presen tment, and payment, and how these concepts affect liability and protection for all parties.

This concise guide compiles essential principles from the field, focusing on the practical mechanics of negotiable instruments. It covers how a bill of exchange is created, when it can be transferred, and how defenses and forgeries can affect the instrument’s value and enforceability.

• How acceptance and presentment operate to fix maturity and liability.


• Differences between transfer by delivery and transfer by indorsement.


• What constitutes a valid indorsement and the warranties it creates.


• How forgery and material alterations affect validity and remedies.

Ideal for readers of law texts who seek a practical, outcome-focused overview of commercial paper and its defenses.

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