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THE LIFE OF A NEGOTIABLE INSTRUMENT:

1.issue

2.negotiation

3.presentment for acceptance in certain bills

4.acceptance

5.dishonor by on acceptance

6.presentment for payment

7.dishonor by nonpayment

8.notice of dishonor

9.protest in certain cases

10.discharge

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What are the incidents in a life of a negotioniable instrument?

Some common incidents in the life of a negotiable instrument include transfer, negotiation, presentment, dishonor, and discharge. Transfer refers to the passing of the instrument from one party to another, whereas negotiation refers to the transfer of the instrument to a holder in due course. Presentment is the act of showing the instrument to the party primarily liable on it, dishonor occurs when the instrument is not accepted or paid by the party responsible for it, and discharge happens when the liability on the instrument is terminated.


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What are the incidences in the life of a negotiable instrument?

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Does a post dated check comply with the definition of a check and is such a check a valid negotiable instrument?

no it does not complt with the definition of a cheque and its not a valid negotiable instrument


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Is a mortgage a negotiable instrument?

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Is a variable interest rate a negotiable instrument?

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