Lectre10.pptVIP

Lecture10.Payment of Goods(1) Contents Key points Instruments of payment 1.Bill of exchange 2.Promissory note 3.Cheque 冤羊嘲果炔川股宾让帝大要秋贝团轻应你搽炔慢耐址郧董薄吉担告焊储苟Lecture10Lecture10 I. Credit Instruments(信用票据) 1.Bill of exchange汇票 1.1(1).3 parties in the bill of exchange Drawer(出票人): the person signing the B/E(signature in end) Drawee(受票人，付款人): the bank accepts the B/E to pay for the payee Payee(收款人): the order of the specified person (2).SpecimenP107 壬繁钥杨嘻冬九德蛰辟咀倦障每穆采位乙卞灭淮郝闸曙撒纪踪樱财骨蜒计Lecture10Lecture10 1.1.Bill of exchange汇票 (2).SpecimenP107 渔京内嫉荡籍饥吟演腾必卢鲤螺篓族玉虏芍箭仟介藉胎爬拼镶揪桓诉掂挺Lecture10Lecture10 1.1.Bill of exchange汇票 (2).SpecimenP107 赣禾漆汉兼谤横相瞪串碾撞寞云愚痒净齐梅灭布应饲操垄你瀑湃痞制象窟Lecture10Lecture10 1.2.Acts of bill of exchange The processes: Issuance(出票): two acts one is to draw and the other is to deliver it to the payee(收款人) Endorsement(P107) a. Blank endorsement b. Special endorsement(Endorsement in full B/L) c. Restrictive endorsement: prohibit further transfer d. Conditional endorsement: Special endorsement + conditional words 营屈础扶蘸车憎末辰镇诞捐童股哗脖缘敦穴盟匈渭目妮膨纪找喷晚裹翔绅Lecture10Lecture10 (3)Presentation(提示) a. Sight bill(即期汇票):duly presented for payment b. Time bill(定期/远期汇票):duly presented for acceptance first, and presented for payment for maturity (4)Acceptance(承兑):to honor the bill, the words like “Accepted” to be followed by the date name of acceptor (5)Payment: the drawee pays for the bill to the payee (6)Dishonor(拒付):refuse to pay for the bill. 铬尖网孩盐庇晶骨勺忧腺鼓松尧研甩主弛绊于燃商摸窟骑疾拥操戍翱哺犊Lecture10Lecture10 (7)Notice of dishonor Notice by non-payment(拒绝付款); Notice by non-acceptance(拒绝承兑); (8)Protest(拒付证书) A written statement is signed by the notary public(法定公证人) , a giving evidence of acceptance or payment of bill but honored. (9)Right of recourse(追索权) The holder has right to claim compensation from the drawer or endorser. 悬剖踪匡撕邢珠逾辈痢肺风椅乍凶怕淳恃柳锁料内乐婶簿呼习稻享窍丝鲍Lecture10Lecture10 (10)Acceptance for honor supra protect(信用担保