Holder o A holder is the possessor of an instrument namely the payee, the endorsee or bearer He may sue, if needed, on the instrument in his own name 经贸学国贸系 王学意⊙
经贸学院国贸系 王学惠 © Holder l A holder is the possessor of an instrument, namely the payee, the endorsee or bearer. He may sue, if needed, on the instrument in his own name
Holder for value the person who possesses an instrument for which value has been given by himself or by some other persons 经贸学国贸系 王学意⊙
经贸学院国贸系 王学惠 © Holder for value the person who possesses an instrument for which value has been given by himself or by some other persons
Holder in due course the person who is in possession of an instrument that is (1complete and regular on its face, @taken before maturity without notice of its previous dishonor, taken in good faith and for value and 经贸学国贸系 王学意⊙
经贸学院国贸系 王学惠 © Holder in due course the person who is in possession of an instrument that is ①complete and regular on its face, ②taken before maturity without notice of its previous dishonor, ③taken in good faith and for value and
@taken without notice of any infirmity in the instrument of defect in the title of the person negotiating it. He is also called a bona fide holder, who may claim payment from all parties liable on the instrument 经贸学国贸系 王学意⊙
经贸学院国贸系 王学惠 © ④taken without notice of any infirmity in the instrument of defect in the title of the person negotiating it. He is also called a bona fide holder, who may claim payment from all parties liable on the instrument
Acceptor o If and when the drawee agrees and assents to the order in writing addressed to him on a bill of exchange by signing his name on its face, indicating that he will pay on due date, the drawee will become an acceptor Main debtor 经贸学国贸系 王学意⊙
经贸学院国贸系 王学惠 © Acceptor l If and when the drawee agrees and assents to the order in writing addressed to him on a bill of exchange by signing his name on its face, indicating that he will pay on due date, the drawee will become an acceptor. Main debtor