Negotiable Instruments
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In our eReader you can find the full English version of the book. Read Negotiable Instruments Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Negotiable Instruments
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— Delay in giving notice of dishonor Js. e.x- ' cused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate, notice must be given 242 NEGOTIABLE INSTRUMENTS with reasonable diligence. Notice of dishonor is some- times excused, even though there is no waiver by the party interested. It may be excused temporarily or it may be excused permanently. It is excused tempo- rarily... by any circumstance beyond the holder's con- trol, and not due to his negligence, which makes it impossible to give prompt notice. As soon as the cause for the delay ceases to exist notice must be given. The commonest illustration of this sort of thing is a case in which the holder is unable, aft^ reasonably diligent inquiry, to determine at once the address of the party to be notified. It may take him some time to find an address. If he is reasonably diligent that delay will be excused; but as soon as he can find the address with reasonable diligence, further delay will not be excused.
What to read after Negotiable Instruments?
You can find similar books in the "Read Also" column, or choose other free books by American Institute of Banking to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
— Delay in giving notice of dishonor Js. e.x- ' cused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate, notice must be given 242 NEGOTIABLE INSTRUMENTS with reasonable diligence. Notice of dishonor is some- times excused, even though there is no waiver by the party interested. It may be excused temporarily or it may be excused permanently. It is excused tempo- rarily... by any circumstance beyond the holder's con- trol, and not due to his negligence, which makes it impossible to give prompt notice. As soon as the cause for the delay ceases to exist notice must be given. The commonest illustration of this sort of thing is a case in which the holder is unable, aft^ reasonably diligent inquiry, to determine at once the address of the party to be notified. It may take him some time to find an address. If he is reasonably diligent that delay will be excused; but as soon as he can find the address with reasonable diligence, further delay will not be excused.
What to read after Negotiable Instruments?
You can find similar books in the "Read Also" column, or choose other free books by American Institute of Banking to read onlineMoreLess
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