Australian case law precedents demonstrating dishonourable conduct of local councils regarding the non-acceptance of bills of exchange
More forms in the category "Bill of Exchange"
Bill of Exchange – Rebuttal Questions
Below is a list of rebuttal questions tailored to challenge the claims made by corporations in relation to the Bill of Exchange Act 1909 (Cth) and related statements. These questions aim to create an environment for constructive discussion about the legitimacy of the...
Bill of Exchange Endorsement – Read First
Legal definition of sui juris? sui ju·ris -ˈjur-is, -ˈyü-rēs. 1. : having full legal capacity to act on one's own behalf : not subject to the authority of another. 2. : qualified to enjoy full rights of citizenship (as of holding public office or serving on a...
Bills of Exchange and Promissory Notes as legal tender and payment methods in Australia
The concepts of bills of exchange and promissory notes as legal tender and payment methods in Australia can be somewhat complex. While there are cases and legal principles that discuss these instruments, particularly in relation to contracts, negotiability, and...
BoE cannot be used to buy an item, only to discharge pre-existing debts
A Bill of Exchange (BOE) cannot be used to buy an item (car, house, stereo system, big screen TV, etc.). A BOE can only be used to discharge pre-existing debts. At this point, we believe that some sort of “loan” would have to exist or credit used to purchase the...
Cases Involving Bills of Exchange and Promissory Notes
While there may not be an extensive list of Australian case law explicitly focused solely on the successful use of bills of exchange and promissory notes, several cases illustrate their enforceability and use within legal contexts. Here’s a list of notable Australian...
How creditors might respond to a Bill of Exchange or Promissory Note
The first thing I should say is that I don’t know of a single instance in which anyone has been arrested or gone to prison for issuing a properly executed BoE or bond to discharge a debt. But I must also say that, in many cases, “creditors” either pretend or may in...
How to Draft and Endorse a Bill of Exchange: Compliance with UCC and the Australian Bill of Exchange Act
Creating a bill of exchange endorsement that aligns with the UCC (Uniform Commercial Code) in the United States and the Australian Bill of Exchange Act 1909 involves specific terminology and a clear structure. Below is a simplified example of how such an endorsement...
Instructions for Bill of Exchange Remittance Series of Reply Letters
Instructions These Templates are designed to assist you with and or without knowledge, how to action your position as the Agent for the Beneficiary who live In Private, and can not speak, hear or write directly to the Corporation, Trustee or Person, all fictional...
Real Case Example: McMahon v The State of Queensland (1985)
a case involving the use of a promissory note in the settlement of an outstanding debt. Facts: In this case, a debtor (McMahon) issued a promissory note to the creditor (The State of Queensland) as part of a settlement agreement. The court order did not specify how...
