yes, its a non negotiable instrument
yes, its a non negotiable instrument
yes
1. Share Certificate[SC] is a registered evidence of title. Share warrant[SW] is a bearer document of title. 2. SC is not a negotiable instrument. SW is a negotiable instrument. 3. Both Private & Public Company can issue Share Certificate. Only Public company can issue Share Warrant. 4. Issue of SC doesn't require approval of central Government. Issue of SW requires approval of central Government. 5. Holder of SC has full rights(voting, participation in management, etc.) in a company. Holder of SW doesn't have has full rights in a company. 6. SC is issued in respect of partly paid or fully paid shares. SW is issued in respect of only fully paid shares.
No You are asking if the medium of transfer is a negotiable instrument It is not. A wire transfer represents the medium (or method) of transfer. It is like asking if the stage coach transporting the money is a negotiable instrument, it is not. Money itself is a negotiable instrument, the medium itself is not.
types of negotiable instruments are drafts ,checks,notes,and certificates of deposit# Types of negotiable instruments are 1.drafts -An order by one person to another person or to bear, 2.check- A draft drawn on a bank and payable on demand to bearer, 3. certificates of deposit- A note made by a bank acknowledging a deposit of funds made payable to the holder of the note, and 4. Note- A promise by one party to pay money to another party or to bearer.
no it does not complt with the definition of a cheque and its not a valid negotiable instrument
No, a mortgage is a contract.
essential of negotiable instrument say's that a negotiable instrument must be unconditional so when we will alter any condition in it then it will be discharged.
A negotiable CD is a transferable CD. This means unlike traditional non-negotiable CDs, it can be sold in the secondary markets to other investors. The investment amount on negotiable CDs is also substantially larger than non-negotiable CDs. It is mainly targeted at institutional investors and companies.
A negotiable CD is a transferable CD. This means unlike traditional non-negotiable CDs, it can be sold in the secondary markets to other investors. The investment amount on negotiable CDs is also substantially larger than non-negotiable CDs. It is mainly targeted at institutional investors and companies.
No. A cheque is a non-negotiable monetary instrument. The value of the cheque cannot be modified or negotiated and hence the term non-negotiable. The amount filled up by the cheque issuer is the value of the cheque and it would not change.
No, an instrument is something like a bond or cd.