Types of Securities in Banks
by Security is what the borrower puts up to guarantee payment of the loan. Moreover security …
Employment of Funds by Commercial Banks Financial Statement Analysis
The reported financial statements for banks are somewhat different from most companies that investors analyze. …
Ancillary Services of the Bankers
Ancillary services are other services that banks offer to common men along with the necessary …
Bill Discounting and Purchasing
Bill Discounting Bill Discounting is a method of trading the bill of exchange to the …
Right and Liabilities of Parties
Right of Parties Conduct of business Can express opinion Access, inseption, copy Equality of Profits …
Promissory Note, Types, Parties, Features
A promissory note is a legal, financial tool declared by a party, promising another party …
Bill of Exchange
According to the Negotiable Instruments Act 1881, “A bill of exchange is defined as an instrument …
Promissory Notes, Bill of exchange and Cheque
Negotiable Instruments are written contracts whose benefit could be passed on from its original holder …
Characteristics of Negotiable Instrument
Property The possessor of the negotiable instrument is presumed to be the owner of the …
Negotiable instruments Act 1881 and it’s Features
The law relating to “Negotiable instruments” is contained in the Negotiable Instruments Act, 1881. The Act …