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
Results 1-5 of 25
... transfer wealth without trouble or risk of loss . Thirdly , they collect money value for their customers in the form of cheques from their customers ' debtors . For traders , money in the form of cash has drawbacks as a 1.1.3 means of ...
... transferring value which , though expressed in money terms , had none of those disadvantages . Written promises to pay . First it became possible to create a binding debt by making a promise to pay . But debts of that kind are not like ...
... transfer credit freely so that those who took them could sue in their own names and , moreover , could not be defeated by defences which the debtor could have used successfully against the original creditor . 1.3.5 Statutory recognition ...
... transferring money value from customers to their creditors ; ( c ) in collecting money value from customers ' debtors . Written promises to pay have advantages over cash : ( a ) they are less easily convertible by a thief ; ( b ) they ...
... transferred from one person to another . If it is a ' bearer ' instrument that transfer takes place when the instrument is physically delivered : but if it requires indorsement , then transfer of value is effective only when it is ...
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 |