A Bill of Exchange is a legal instrument that is used to affect a financial transaction between two parties. It is a written order from one party (the payor) to another (the payee) to pay a sum of money on a specified date.
In this presentaion concept of negotiable instrument, types of negotiable instrument, holder and holder in due course, endorsement , how endorsement is done, kinds of endorsement insturment obtain by unlawful means and dishonor is included.
These future transaction (credit) done with help of documents called as Negotiable Instruments. The word Negotiable means ‘transferable by delivery’ & the word Instrument means ‘written document’. types of negotiable instruments like cheque and its types, promissory notes and its features and bill of exchange. endorsement and it types. crossing of cheque.
Assignment Form HCA270 Version 31Associate Level Material.docxssuser562afc1
Assignment Form
HCA/270 Version 3
1
Associate Level Material
Assignment Form
Use the following form to address the five methods of computing book depreciation for health care organizations:
QUESTION
ANSWER – Do not forget to list references at the bottom of the paper. Write a minimum of 30 words for each area listed.
Straight Line Depreciation:
· No salvage
· Salvage
Accelerated Book Depreciation:
· Sum of Years’ Digits Method
Accelerated Book Depreciation:
· Double Declining Balance Method
Accelerated Book Depreciation:
· 150% Declining Balance Method
Accelerated Book Depreciation:
· Units of Production Method
Why is it important for a hospital to pay attention to depreciation more than a computer software company?
References
CHAPTER 7: Bank Collections, Trade Finance, and Letters of Credit
The previous chapters discussed contracts for the sale of goods, documentary sales, the risk of loss, and the liability of air and sea carriers. This chapter now turns to how the international banking system is used to move money in an international trade transaction. We will see how sellers collect for their shipments and how buyers remit payments for their purchases. We will also learn how sellers are assured of payment for their goods or services through the use of bank letters of credit and will briefly discuss some issues related to financing the sale. Keep in mind that most of the concepts covered here do not just apply to collecting money for the sale of goods but are equally applicable to many different types of international transactions involving the movement of money internationally and the use of banks to provide an assurance of contractual commitments.
THE BILL OF EXCHANGE
An understanding of how international payments or movements of money are made to fulfill contract obligations requires some basic understanding of the law of negotiable instruments. In general, the law of negotiable instruments is covered in courses on business law. For our purposes, we assume the reader has some limited understanding of this field. Here we are not concerned with their technical requirements, but with their use in international trade. A negotiable instrument is a signed writing, containing an unconditional promise or order to pay a fixed sum of money, to order or to bearer, on demand or at a definite time. Common negotiable instruments include promissory notes, which are two-party instruments containing a promise to pay, and drafts, which are three-party instruments containing orders to pay. In this chapter, we are concerned only with drafts. A draft is the signed order of the drawer, given to a drawee who is in possession of money to which the drawer is entitled, to pay a sum of money to a third party, the payee, on demand or at a definite time. A common check is a special form of draft, which is drawn on a bank and payable on demand. The three parties to a check include the drawer, who gave the order to pay, the drawee bank to who ...
Negotiable instruments are documents that promise a specific amount of money to the payee. The document includes the payee’s name as well as the amount to be discharged to him.
To know more about it, click on the link given below:
https://efinancemanagement.com/financial-management/negotiable-instrument
In this presentaion concept of negotiable instrument, types of negotiable instrument, holder and holder in due course, endorsement , how endorsement is done, kinds of endorsement insturment obtain by unlawful means and dishonor is included.
These future transaction (credit) done with help of documents called as Negotiable Instruments. The word Negotiable means ‘transferable by delivery’ & the word Instrument means ‘written document’. types of negotiable instruments like cheque and its types, promissory notes and its features and bill of exchange. endorsement and it types. crossing of cheque.
Assignment Form HCA270 Version 31Associate Level Material.docxssuser562afc1
Assignment Form
HCA/270 Version 3
1
Associate Level Material
Assignment Form
Use the following form to address the five methods of computing book depreciation for health care organizations:
QUESTION
ANSWER – Do not forget to list references at the bottom of the paper. Write a minimum of 30 words for each area listed.
Straight Line Depreciation:
· No salvage
· Salvage
Accelerated Book Depreciation:
· Sum of Years’ Digits Method
Accelerated Book Depreciation:
· Double Declining Balance Method
Accelerated Book Depreciation:
· 150% Declining Balance Method
Accelerated Book Depreciation:
· Units of Production Method
Why is it important for a hospital to pay attention to depreciation more than a computer software company?
References
CHAPTER 7: Bank Collections, Trade Finance, and Letters of Credit
The previous chapters discussed contracts for the sale of goods, documentary sales, the risk of loss, and the liability of air and sea carriers. This chapter now turns to how the international banking system is used to move money in an international trade transaction. We will see how sellers collect for their shipments and how buyers remit payments for their purchases. We will also learn how sellers are assured of payment for their goods or services through the use of bank letters of credit and will briefly discuss some issues related to financing the sale. Keep in mind that most of the concepts covered here do not just apply to collecting money for the sale of goods but are equally applicable to many different types of international transactions involving the movement of money internationally and the use of banks to provide an assurance of contractual commitments.
THE BILL OF EXCHANGE
An understanding of how international payments or movements of money are made to fulfill contract obligations requires some basic understanding of the law of negotiable instruments. In general, the law of negotiable instruments is covered in courses on business law. For our purposes, we assume the reader has some limited understanding of this field. Here we are not concerned with their technical requirements, but with their use in international trade. A negotiable instrument is a signed writing, containing an unconditional promise or order to pay a fixed sum of money, to order or to bearer, on demand or at a definite time. Common negotiable instruments include promissory notes, which are two-party instruments containing a promise to pay, and drafts, which are three-party instruments containing orders to pay. In this chapter, we are concerned only with drafts. A draft is the signed order of the drawer, given to a drawee who is in possession of money to which the drawer is entitled, to pay a sum of money to a third party, the payee, on demand or at a definite time. A common check is a special form of draft, which is drawn on a bank and payable on demand. The three parties to a check include the drawer, who gave the order to pay, the drawee bank to who ...
Negotiable instruments are documents that promise a specific amount of money to the payee. The document includes the payee’s name as well as the amount to be discharged to him.
To know more about it, click on the link given below:
https://efinancemanagement.com/financial-management/negotiable-instrument
This presentation covers all the topics defined in Negotiable Instruments Act. It focuses on all the instruments in detail and provide an in-depth understanding of the topic.
Negotiable Instruments Act 1881
Significance of negotiable instruments
Features of negotiable instruments
Cheque Meaning
Types of Cheque
MICR – Meaning
Crossing
Crossing of Cheque
Holder in due course
Payment in due course
Endorsement
Paying Banker
Dishonour of Cheque
Statutory protection to a paying Banker
Material Alteration
Statutory protection in case of a Materially altered Cheque
Collecting Banker
Duties and Liabilities of Collecting Banker
Protection of Collection Banker
Definition,:A bill of exchange is an order in writing ,directing a person to pay a sum of money, to a specified person.
Negotiable Instruments Act, 1881
Acts, conclusion, parties involved, specimen examples, essential elements, Difference between promissory note and bills of exchange.
It must contain an express Order to pay money
This presentation is on Negotiable instrument and it covers following points :-
Introduction
Negotiable instrument
Characteristics of negotiable instrument
Presumption as to negotiable instrument
Types of negotiable instruments
Maturity or days of grace
Negotiation & Assignment
Endorsement
Holder in due course
Dishonor of negotiable instrument
Discharge of negotiable instrument
Write a-comprehensive-note-on-negotiable-instrument 2Ziyad Zaidi
A negotiable instrument is a signed document that promises a sum of payment to a specified person or the assignee. In other words, it is a formalized type of IOU: A transferable, signed document that promises to pay the bearer a sum of money at a future date or on-demand
Improve the cash flow for your business through invoice financing | Bandenia ...Bandenia Challenger Bank
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Difference between Confirmed and Unconfirmed Letter of Credit | Bandenia Chal...Bandenia Challenger Bank
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This presentation covers all the topics defined in Negotiable Instruments Act. It focuses on all the instruments in detail and provide an in-depth understanding of the topic.
Negotiable Instruments Act 1881
Significance of negotiable instruments
Features of negotiable instruments
Cheque Meaning
Types of Cheque
MICR – Meaning
Crossing
Crossing of Cheque
Holder in due course
Payment in due course
Endorsement
Paying Banker
Dishonour of Cheque
Statutory protection to a paying Banker
Material Alteration
Statutory protection in case of a Materially altered Cheque
Collecting Banker
Duties and Liabilities of Collecting Banker
Protection of Collection Banker
Definition,:A bill of exchange is an order in writing ,directing a person to pay a sum of money, to a specified person.
Negotiable Instruments Act, 1881
Acts, conclusion, parties involved, specimen examples, essential elements, Difference between promissory note and bills of exchange.
It must contain an express Order to pay money
This presentation is on Negotiable instrument and it covers following points :-
Introduction
Negotiable instrument
Characteristics of negotiable instrument
Presumption as to negotiable instrument
Types of negotiable instruments
Maturity or days of grace
Negotiation & Assignment
Endorsement
Holder in due course
Dishonor of negotiable instrument
Discharge of negotiable instrument
Write a-comprehensive-note-on-negotiable-instrument 2Ziyad Zaidi
A negotiable instrument is a signed document that promises a sum of payment to a specified person or the assignee. In other words, it is a formalized type of IOU: A transferable, signed document that promises to pay the bearer a sum of money at a future date or on-demand
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Invoice financing is financing your accounts receivables by selling them to a third party or a bank. Invoice financing often employs one of two strategies. They're called Invoice Factoring and Invoice Discounting, respectively.
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What is Bill of Exchange? What are the benefits of a bill of exchange?
1. Do you know?
What is Bill of Exchange?
www.bandeniachallengerbank.com
2. A Bill of Exchange is a legal instrument that is used to affect a financial
transaction between two parties. It is a written order from one party
(the payor) to another (the payee) to pay a sum of money on a
specified date. The document is signed by the person or entity who is
ordering the payment (the drawer), and it is payable to the person or
entity who is to receive the payment (the payee).
3. The drawer and payee can be the same
person or entity, but they don't have to be.
For example, a company might sign a bill
of exchange ordering its bank to pay a
supplier. Or an individual might sign a bill
of exchange ordering a friend to pay back
a loan.
4. Bills of exchange are often used in
international trade, in most cases, a bill of
exchange is used when one company
wants to buy goods from another
company in a different country. The
company that wants to buy the goods
draws up a bill of exchange and sends it to
the other company.
5. The other company then presents the bill
of exchange to their bank, which pays the
amount specified in the bill of exchange.
6. The bill of exchange typically
contains the following information:
7. The name and address of the payor
and payee
The amount of money to be paid
The date of payment
The signature of the payor
9. They offer a degree of flexibility in terms
of payment. For example, the buyer
and seller can agree to a date of
payment that is convenient for both
parties.
Bills of exchange are a relatively low-
risk form of payment, since they are
typically backed by a bank.
Bills of exchange can be used to
finance a trade transaction, since the
buyer does not have to pay for the
goods until the bill of exchange is
presented for payment.
11. If the drawee bank refuses to pay the
bill of exchange, the buyer may be
responsible for the payment.
If the payee is unable to collect
payment from the drawee bank, the
buyer may be required to pay the
payee directly.
If the bill of exchange is not paid on
time, the buyer may be charged
interest.
12. UK Address
Suite 23, Fifth Floor, 63/66
Hatton Garden,London,
EC1N 8LE, United
Kingdom.
UAE Trade Desk
Suite 602, Sixth Floor,
Business Village, Block B,
Dubai, PO Box 5610,
United Arab Emirates.
www.bandeniachallengerbank.com