Commercial Code: Tentative draft no. 2, Issue 2

agent agreement American Law Institute Article authority beneficiary bill of lading blank bona fide purchaser certification clauses commercial Commissioners on Uniform consideration contract courts have held defense definition delivery discharge dishonored by non-acceptance documents drafts drawn drawer and indorsers due course effect eliminated entitled excused expressly faith foreign remittance fraud given holder in due initiating party instru instrument payable intended intermediary issue issuer law merchant letter of credit liable maker ment negotiable instrument non-negotiable notice of dishonor obligation old section Original Act original section paper Paragraph payable to bearer payee Presentment for acceptance presentment for payment protest question reason remittance purchaser replaces the following rule Sales Act Section 14 Section 15 seller shipment signature signed Soia Mentschikoff statute strument Subsection thereof tion transaction transfer Trust Uniform State Laws United States dollars unless waiver words