pArties to a bill of exchange 出票人 ORAWER) 汇票进入流通领域前付款人 DRAWEI)}基本当事人 收款人( PAYEE) 汇票当事人 承兑人( ACCEPTOR) 汇票进入流通领域后背书人( ENDORSER) 被背书人 ENDORSEE) 一般当事人 持票人( HOLDER) 保证人( GUARANTOR……
c) Parties to a bill of exchange 26 出票人(DRAWER) 汇票进入流通领域前 付款人(DRAWEE) 基本当事人 收款人(PAYEE) 汇票当事人 承兑人(ACCEPTOR) 汇票进入流通领域后 背书人(ENDORSER) 被背书人(ENDORSEE) 持票人(HOLDER) 保证人(GUARANTOR)…… 一般当事人
d) classification of a bill of exchange According to the tenor Demand draft/sight draft &Time / usance draft a) Payable on a fixed future date定期付款 b) Payable at a fixed time after sight见票后定期付款 c) Payable at a fixed time after date出票后定期付款 d) Payable at a fixed time after the happening of a specified event eg.“ at a fixed time after a b/l date”提单日后定期付款 At xXX days after sight/date/stated date 到期日采用算头不算尾的方法计算!
d) Classification of a bill of exchange ◼ According to the tenor Demand draft/ sight draft &Time/ usance draft a) Payable on a fixed future date 定期付款 b) Payable at a fixed time after sight见票后定期付款 c) Payable at a fixed time after date出票后定期付款 d) Payable at a fixed time after the happening of a specified event e.g. “at a fixed time after a B/L date” 提单日后定期付款 27 At XXX days after sight/date/stated date 到期日采用算头不算尾的方法计算！
f Acts relating to a bill of exchange ■出票(lsue 背书( Endorsement) ■提示( Presentation) 承兑( Acceptance) ■付款( Payment) 保证( Guarantee or ava) 拒付( Dishonor) 追索( Recourse) 贴现( Discounting)
f) Acts relating to a bill of exchange ◼ 出票（Issue） ◼ 背书（Endorsement） ◼ 提示（Presentation） ◼ 承兑（Acceptance） ◼ 付款（Payment） ◼ 保证（Guarantee or Aval） ◼ 拒付（Dishonor） ◼ 追索（Recourse） ◼ 贴现（Discounting) 28
2.3 Promissory note a)Definition of a promissory note b)Features of a promissory note c)Contents of a promissory note d)Classification of promissory note e)Liabilities of the Parties f The similarities difference between a bill and a note
2.3 Promissory Note a) Definition of a promissory note b) Features of a promissory note c) Contents of a promissory note d) Classification of promissory note e) Liabilities of the Parties f) The similarities & difference between a bill and a note 29
Definition A promissory note is an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person or to bearer UK Bills of Exchange Act of 1882, Article 83 30
Definition ◼ A promissory note is an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person or to bearer. --UK Bills of Exchange Act of 1882, Article 83 30