Cheques, Second EditionThe purpose of this book is to introduce the law of cheques in Hong Kong. It assumes that the reader is familiar in outline with the legal system in Hong Kong and knows something of the law of contract. Care has been taken to present the ideas comprehensibly and no technical words are used without explanation. Cheques have been put in their banking context and bills of exchange, promissory notes and other banking instruments and devices have also been described, though in less detail. This book contains all that an accounting student needs to study for the Hong Kong Society of Accountants’ examination in respect of negotiable instruments. It is one of a series published by the Hong Kong University Press, under the General Editorship of Professor Derek Roebuck, to provide accounting students with an introduction to Hong Kong law. |
From inside the book
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... important than other bills . Cheques are issued far more frequently than bills in Hong Kong . Most of us , even accountants and lawyers , rarely see a bill . But all of us are familiar with cheques and should know something of the law ...
... important services . First they provide a safe place to store the customer's wealth and will pay it back in cash on demand or after an agreed period of notice . Secondly , they will use that wealth to pay the customer's debts , if the ...
... important is the ability of the promisor to postpone the date when payment becomes due . If the promisor is promising payment for goods , and promises payment of the price of $ 10,000 in three months ' time , even though the goods were ...
... important rules are found in legislation , in Hong Kong the Bills of Exchange Ordinance ( Cap 19 ) , which follows closely the English Bills of Exchange Act 1882 and Cheques Act 1957. The Ordinance forms a code of the applicable law and ...
... importance because three other systems have been allowed to overwhelm it : equity , the law merchant and legislation ; Contracts 9 . In equity , the benefit of a debt ( or of a contractual promise ) can be assigned , though the burden ...
Contents
3 | 23 |
Indorsements and Crossings | 35 |
Parties Holders and Defects | 43 |
7 | 69 |
8 | 77 |
Conclusion | 86 |
MAAA wwwww | 91 |
Table of Cases | 92 |