Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Discuss the validity of each bill of exchanges based on Bill of Exchanges Act 1949 and related cases. i. Robinson is a drawee. He received

Discuss the validity of each bill of exchanges based on Bill of Exchanges Act 1949 and related cases.

i. Robinson is a drawee. He received a bill of exchange, signed his name and wrote "accepted" on the bill. However, after payment has been made from his account, Robinson denied his responsibility to make payment and demand him money back. (5 markah/marks)

ii. Mark is a company director. He suffered deformed forefinger during a road accident. To validate his company's bill of exchange, he used a rubber stamp to replace his signature. (5 markah / marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Mathematics

Authors: OpenStax

1st Edition

1711470554, 978-1711470559

Students also viewed these Law questions