百度试题 题目What is an inchoate instrument 相关知识点: 试题来源: 解析 An negotiable instrument which does not contain one or more elements required by law to constitute it.反馈 收藏
百度试题 结果1 题目What does “negotiable” mean (in relation to a negotiable instrument)?相关知识点: 试题来源: 解析 正确答案:Transferable 反馈 收藏
Definition: Negotiable Instrument implies a financial document used for fund transfer from one person to another. Basically, it is an instrument that bears the signature of the maker, promising payment of a specified sum to the person whose name is written on it, or the assignee, either on-de...
Any disputes will encounter the digital form of negotiable instrument won’t have any legal backbone to protect participants, that’s why, it is not an option to update the legal framework clearing up the legal uncertainty status, and encouraging financial institutions to grasp the benefits of the...
The transfer of a negotiable instrument. Arbitration A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute. Negotiation The process of achieving agreement through discussion. The specifics of the contract are still under negotiation. The two parties...
What is an HDC in business law? Due Course: Payment in due course is often mentioned whenever negotiable instruments are discussed. Payment in due course occurs under certain conditions; it is not immediate. For instance, the instrument needs to be in the possession of an individual for a cer...
A depositary receipt (DR) is a negotiable financial instrument that represents the ownership of a company’s shares listed on a foreign stock exchange. DRs allow investors to gain exposure to international investment opportunities without directly trading on foreign exchanges. ...
That silk dress is a bargain at that price. Negotiation The act or process of negotiating Successful negotiation of a contract. Entered into labor negotiations. Bargain To negotiate the terms of an agreement, as to sell or exchange. Negotiation The transfer of a negotiable instrument. Bargain To...
Because a letter of credit is typically anegotiable instrument, the issuing bank pays the beneficiary or any bank nominated by the beneficiary. If aletter of credit is transferable, thebeneficiary may assign another entity, such as a corporate parent or a third party, the right to draw. ...
Because a letter of credit typically is anegotiable instrument, the issuing bank pays the beneficiary or any bank nominated by the beneficiary. If a letter of credit is transferrable, the beneficiary may assign another entity, such as a corporate parent or a third party, the right to draw. ...