第三章信用工具2.pptVIP

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CHAPTER 3 CREDIT INSTRUMENT(2) 3.2 bill of exchange (draft) (汇票) 3.2.1 what is a bill of exchange? A bill of exchange is an unconditional order in writing, addressed by one person( the drawer) to another (drawee) ,signed by the person giving it, requiring the person to whom it is addressed (the drawee, who when he signs becomes the Acceptor )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( the payee). (Bills of Exchange Act, 1882 of the United Kingdom) 3.2.2 essentials of a bill of exchange (1)The wor

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