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Bill of Exchange Endorsement – Read First

by :Petra: | Jan 14, 2025 | Bill of Exchange Endorsement

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...

BILLS OF EXCHANGE ACT 1909 – SECT 60 – Liability of drawer or indorser

by :Petra: | Jan 9, 2025 | Bills of Exchange Act 1909, Useful Info

BILLS OF EXCHANGE ACT 1909 – SECT 21 – Optional stipulation by drawer or indorser

by :Petra: | Jan 9, 2025 | Bills of Exchange Act 1909, Useful Info

Unconscionable Conduct and Bills of Exchange: Lessons from Commercial Bank of Australia v. Amadio

Unconscionable Conduct and Bills of Exchange: Lessons from Commercial Bank of Australia v. Amadio

by :Petra: | Nov 26, 2024 | Bill of Exchange

In Australia, one of the most significant cases regarding bills of exchange is “Commercial Bank of Australia v. Amadio” (1983) 151 CLR 447. Although this case is not exclusively about the validity of bills of exchange, it deals with the enforceability and...

BILLS OF EXCHANGE ACT 1909 – SECT 98 – Computation of time

by :Petra: | Sep 27, 2024 | Bills of Exchange Act 1909, Useful Info

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BOE Cheque

How does it work?

A Bill of Exchange Cheque is essentially a written, legally enforceable order issued by one party (the drawer) instructing a bank or financial institution (the drawee) to pay a specified amount of money to a designated person or entity (the payee), either immediately or at a future date. It combines the characteristics of a bill of exchange—a formal, negotiable instrument used in trade—and a cheque, which is a direct order to a bank to pay on demand.

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