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. |
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... payable to Wong . Later , Chan finds that the goods are faulty and instructs XYZ Bank not to pay Wong . Wong can sue Chan on the cheque . Chan cannot defend that action by pleading the goods were faulty . The applicable law . The law of ...
... payable not when received but only on a date three months later . That would mean that the supplier was giving the buyer credit . But the supplier could sell that bill straight away to an Italian money dealer , who would be prepared to ...
... payable by the debtor and no one else to the creditor and no one else . That remains the fundamental rule today but it has little practical importance because three other systems have been allowed to overwhelm it : equity , the law ...
... payable in the future ; ( c ) they can be discounted . 3. Like cash , an instrument can be made transferable by delivery . 4. The instrument may create a right separate from the transaction from which it arose . 5. Most of the law which ...
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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 |