What Is The Ability Of Negotiable Instruments?

2010/11/22 13:39:00 37

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Bill Capacity Bill Rights Civil Law

The ability of bill refers to the general name of the power of the bill and the capacity of the bill.

The right of bill means that it can become a negotiable instrument.

Affair

People and enjoyment

bill

The right and burden of bill obligations.

The ability to act in a negotiable instrument means the qualification of the parties concerned to act effectively on the basis of their independent meaning.

As a citizen, the right of bill is consistent with its capacity for civil rights.

Birth

When the time of death begins, the right to a negotiable instrument is always terminated. The ability to act on a bill is linked to its capacity for civil conduct. Only a person with civil capacity has the ability to act as a negotiable instrument.

Because of this, the bill law stipulates that the signature of a person with no capacity for civil conduct or a person with limited capacity for civil conduct is invalid.

The legal capacity of a legal person is consistent with its civil right capacity. It is eliminated from the time of its establishment and its dissolution. The legal capacity of a legal person is the qualification of a legal person to carry out the bill activity on its own behalf, and to obtain the rights of the bill and to bear the obligations of the bill. It is consistent with the civil juristic capacity of the legal person.