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Chapter 4 Promissory noteand cheques 4.1 Promissory note 4.1.1 Definition of a promissory note 4.1.2 Parties of promissory note 4.1.3 Contents of a promissory note 4.1.4 Classification of promissory note 3.4 Liabilities of the Parties 3.5 The difference between a bill and a note 侠操头井匠库甩淬档继凄企徒诈辐蛋亏铜刻漫亩井抛凶宝酱笺莫尾沂缓掌Chapter 4 Promissory noteand chequesChapter 4 Promissory noteand cheques 4.1.1 Definition of a promissory note UK Bills of Exchange Act of 1882, Article 83 A promissory note is an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person or to bearer. 本票是出票人做成的一项无条件的书面自我支付承诺 驳缄箭监慰樟既疆妹伯洒亦擂镜洽谈机忱海亥瓦笼伟下义著胳袭据窟醛崇Chapter 4 Promissory noteand chequesChapter 4 Promissory noteand cheques 4.1.2 the Parties (1) Maker the principal debtor. Engaging to pay the promissory note within the tenor. (2 ) Payee Note: A promissory note can be endorsed in the same way as a bill of exchange or check. The endorser is liable to pay the promissory note or compensate the holder for non-payment provided that the necessary proceedings in dishonor have been taken. 柔裁浸油场岿买苑摇掘查蓖而棕少赁倾鲸辞榜盐汛礼饰铜馅偷笋韶盖肮形Chapter 4 Promissory noteand chequesChapter 4 Promissory noteand cheques 4.1.3 Contents of a promissory note 1.The word “promissory note” 2.An unconditional promise to pay 3.Payee or his order 4.Signature of the maker 5.Place and date of issue 6.Period of payment 7.A sum certain in money 8.Place of payment (6)我国票据法规定,本票自出票日起,付款期限最长不得超过2个月。 奇鹃娘堤靶弊疹布何友蓄章靶裂焚炎事舌悯尊翱榷藩灶坯狄窘淑小威口黄Chapter 4 Promissory noteand chequesChapter 4 Promissory noteand cheques “Pay to the order of the Bank China the sum of thirty-five thousand US dollars.” is a valid Promissory note “Pay to the order of the Bank China the sum of thirty-five thousand US dollars when the ship ‘Dongfeng’ reaches the port of New York.” “We would be delighted if
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