Negotiousness - Law Dictionary Search Results
holder in due course
holder in due course :the holder of a negotiable instrument that is complete and regular on its face and that is taken in good faith and for
good faith
fact and the observance of reasonable commercial standards of fair dealing in the trade.” Similarly, Article 3 on negotiable instruments defines good faith as “honesty in fact and the observance of reasonable commercial standards of fair dealing,”
bill of lading
that does not have any notations written or otherwise marked on it that qualify or amend the bill negotiable bill of lading : order bill of lading in this entry nonnegotiable bill of lading : straight bill
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bargain
bargain often attrib [Old French bargaigne negotiation, haggling, from bargaignier to haggle] 1 : an agreement between parties that settles what each gives or receives
Cheque crossed generally
two parallel transverse lines, or of two parallel transverse lines simply, either with or without the words 'not negotiable', that addition shall be deemed a crossing and the cheque shall be deemed to be crossed generally Negotiable
Impostor
means one who pretends to be someone else to deceive others, esp., to receive the benefits of a negotiable instrument, Black's Law Dictionary, 7th Edn., p. 760.
Foreign instrument
Foreign instrument, any such instrument not so drawn, made, or made payable shall be deemed to be a foreign instrument. (Negotiable Instruments Act, 1881, s. 12).
Goods
1988), s. 2 (13)] It includes: (a) vessels, aircrafts and vehicles; (b) stores; (c) baggage; (d) currency and negotiable instruments; and (e) any other kind of movable property. [Customs Act, 1962 (52 of 1962), s. 2 (22)
I.O.U
named, it is prima facie evidence of an account stated with the person producing it. It is not negotiable.
Impasse
Impasse, means a point in labour negotiations at which agreement cannot be reached. A neutral third party (Such as a mediator) is often called in
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