Endorsement of negotiable instrument, this is the situation where by the right of instrument is transfered from one person to another.it can be endorsed simply by signing back of the instrument e.g cheque and name the new payee and hence the instrument is said to be endorsed in this way.
Negotiable instruments may only ever be endorsed by the payee (ie. the person who can cash it), but many countries provide that cashier's checks are not endorsable.
Wayne K. Lewis has written: 'Illinois law of negotiable instruments' -- subject(s): Negotiable instruments 'Negotiable instruments and other payment systems' -- subject(s): Negotiable instruments, Problems, exercises, Problems, exercises, etc
Dudley Richardson has written: 'A Guide to Negotiable Instruments' 'A simple guide to negotiable instruments and the Bills of Exchange acts' -- subject(s): Bills of exchange, Negotiable instruments
An insurance document must be endorsed by the party to whose order it is made so as to be in negotiable form
Non-negotiable instruments, like checks made out to a specific payee, offer the advantage of providing clarity and security since they cannot be transferred to another party. This reduces the risk of fraud and ensures that only the intended recipient can access the funds. However, a significant disadvantage is that they lack flexibility; if the payee is unavailable, the funds cannot be easily redirected. Additionally, non-negotiable instruments may limit liquidity since they cannot be endorsed to others for immediate cash flow needs.
Leonard Gering has written: 'Handbook on the law of negotiable instruments' -- subject(s): Negotiable instruments
Brian Conrick has written: 'MJL Rajanayagam's The law of negotiable instruments in Australia' -- subject(s): Negotiable instruments
Kazi Abdul-Aziz has written: 'Commentary on the Negotiable instruments act, 1881' -- subject(s): Negotiable instruments
Heman Gerald Chapin has written: 'Bankers' forms and the negotiable instruments law' -- subject(s): Negotiable instruments
Time deposits are negotiable instruments. These are written orders or conditional promise to pay a fixed sum of money on demand or at a certain time.
Craig W. Smith has written: 'Negotiable instruments and the payments mechanism' -- subject(s): Negotiable instruments, Banking law, Checks
Ramkrishna R. Vyas has written: 'The Negotiable Instruments Act, 1881 (XXVI of 1881)' -- subject(s): Negotiable instruments, Check fraud