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liabilities of a drawer

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  • commercial transaction — ▪ economics Introduction       in law, the core of the legal rules governing business dealings. The most common types of commercial transactions, involving such specialized areas of the law and legal instruments as sale of goods and documents of… …   Universalium

  • International commercial law — is the body of law that governs international sale transactions. [Mo, John S.; International Commercial Law (2003) 1.] A transaction will qualify to be international if elements of more than one country are involved. [Pryles, Jeff Waincymer, and… …   Wikipedia

  • Negotiable cow — The negotiable cow is the common name of a fictitous legal case known as Board of Inland Revenue v Haddock (heard jointly with R v Haddock ) written by the humourist A. P. Herbert for Punch magazine as part of his series of Misleading Cases in… …   Wikipedia

  • fund(s) — fund or funds To capitalize with a view to the production of interest. Also, to put into the form of bonds, stocks, or other securities, bearing regular interest, and to provide or appropriate a fund or permanent revenue for the payment thereof.… …   Black's law dictionary

  • fund(s) — fund or funds To capitalize with a view to the production of interest. Also, to put into the form of bonds, stocks, or other securities, bearing regular interest, and to provide or appropriate a fund or permanent revenue for the payment thereof.… …   Black's law dictionary

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