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Q: Why is Bill of exchange is said to be unconditional or conditional order in writing?
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Are traffic exchanges the same as hit farms or banner exchanges?

Not really! Traffic exchange are membership sites that you can join (most are free) and submit your website to be rotated on a surf page for other members to see. In exchange you also have to surf pages at the surf bar or surf page. By surfing you earn credits, bonuses or prizes you can then allocate or trade for more web traffic (rotations at the surf page). There are 2 different types of traffic exchange formats. Auto traffic exchange and manual traffic exchange. I prefer manual traffic exchange because the members really have to look at the ads or site in order to build credits. BTW; Many traffic exchange programs also include banner advertising or banner exchange.


What is a business meeting?

An event where a group of executives meet in a boardroom atmosphere, and exchange business dialogue in a disciplined and time-saving way, in order to reach certain outcomes. Afterwards, there will often be a Contact Report sent from the supplier to the client, itemising every decision made at the meeting, for the client to confirm.


What is the difference between market fragmentation and market consolidation?

in financial market literature, market fragmentation refers to the same security traded in multiple exchanges, so the order flow for security is "fragmented" into a number of exchanges. In contrast, market consolidation refers to the status where all trade for the same security is done in a single exchange.


Alias precipe for order of sale?

In Ohio, an "Alias Order" to sell the property of an estate is used if the original order to sell was unsuccessfull or cancelled. The new order is just an alias of the original order. http://codes.ohio.gov/orc/5307.15


How do you write a grant proposal to start a small business?

Your first challenge will be to find grantors willing to invest in your type/ style of business. Once you identify grantors, then you can solicit details for their requirements in order for you to qualify for their grant. Writing the grant proposal simply implies that you've done enough 'homework' about your business and your potential market, so that you can address all the questions and situations listed in the grant proposal form supplied to you by the grantor.

Related questions

Was the covenant God made with Abraham conditional or unconditional?

I suppose you can consider it conditional in that Abraham had to leave his country in order for God to fulfill his promises. But as for all the blessings God promised (that were to be given once Abraham arrived in his new country), those were all unconditional.


What is unconditional order?

If you describe something as unconditional, you mean that the person doing or giving it does not require anything to be done by other people in exchange.


Characteristics of modern bill of exchange and how does a bill of exchange operate?

The important characteristics of a bill of exchange are: 1. It must be in writing. 2. It must be an order to pay, and not a request to pay. 3. The order must be unconditional. 4. The order must be signed by the maker, i.e. the drawer. 5. The order must be directed to a certain person. 6. The order must be for the payment of money only. 7. The money payable must be certain, and not vague. 8. The money must be payable to a certain person mentioned in the instrument or to his order or to the bearer of the instrument. 9. It must bear the required revenue stamp. A bill of exchange is playing an important part in the commercial life of the country. The need for it arises where the buyer of goods needs a period of credit before paying it, it is drawn by the creditor and is accepted by the debtor. According to F.W Muller a bill of exchange is an unconditional order in writing addressed by one person to another, signed by the person giving it, requiring the person to whom it is to pay on demand or at a fixed or determinable future time a sum certain in money to or the order of a certain person or to bearer. There are certain characteristics of the bill of exchange. A bill of exchange must be in writing. It must contain an order to pay. The order to pay must be unconditional. If it is subject to the happening of some events, it will not be a bill of exchange. It must be signed by the drawer and properly stamped. The parties to the bill, the drawer and the drawee and payee must be certain and definite individuals. The amount payable must be certain. The payment must be made in money and not in kind.


A bill of exchange must contain an unconditional promise to pay Do you agree with this statement Justify your answer?

an express condition to payment, (ii) that the promise or order is subject to or governed by another record, or (iii) that rights or obligations with respect to the promise or order are stated in another record. A reference to another record does not of itself make the promise or order conditional. ii) because payment is limited to resort to a particular fund or source.


A conditional discharge?

An order of conditional discharge may be made if the court does not think it expedient to impose a punishment and a probation order is inappropriate.


What is cheqe?

"Cheque is an instrument in writing containing an unconditional order, addressed to a banker, sign by the person who has deposited money with the banker, requiring him to pay on demand a certain sum of money only to or to the order of certain person or to the bearer of instrument."


What is ICBPO?

Irrevocable Conditional Bank Pay Order


What is the bill of exchange?

A Bill of Exchange is a payment document for a trade in goods. It is a written negotiable instrument in the form of unconditional order signed by the maker directing a certain person to pay a certain sum of money on a certain date payable on demand or expiry of the fixed period only to the certain person or order of the certain person or the bearer of the instrument.


Explain the essential elements of bills of exchange?

Essential of Bill of Exchange 1. The bill must be an unconditional order. 2. It must be in writing. 3. It must be signed by the maker. 4. The drawer must be a certain person. 5. The drawee must be certain. 6. The payee must be certain person. 7. The amount payable in the bill must be certain. 8. The order must be to pay money and money only. 9. The amount must be payable on demand or a fixed or determinable time. 10. It must be stamped according to the value of the bill.


Why conditional probability is different from common probability?

Conditional probabilities arise when you revise the probabilities previously attached to some events in order to take new information into account. The revised probabilities are 'conditional on the new information you have received'.


What is a negotiable promissory note?

"A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link."A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link."A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link."A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link.


What are the requisites of a cheque to a commerial?

³An unconditional order in writing drawn on a specified banker, signed by the drawer, requiring the banker to pay on demand a sum certain in money to, or to the order of, a specified person or to the bearer, and which does not order any act to be done in addition to the payment of money´3.(Law of Banking by Dr. Hart, p.327).5.1.4) the Requisites of ChequeThere is no prescribed form of words or design of a Cheque, but in order to fulfill therequirements mentioned in Section 6 above the Cheque must have the following.a)It should be in writing b)The unconditional order c)Drawn on specific banker onlyd)Payment on Demande)Sum Certain in moneyf)Payable to a specific persong)Signed by the drawer