Bill of Exchange Law

Chapter 17

• The term "bill of exchange"
• Unconditional order to pay a certain sum of money
• Drawer
• Money expressed in words or figures
• Currency
• Interests
• Drawee
• Indication of maturity
• Bills of exchange payable at sight (sight drafts)
• Bills of exchange payable at a fixed period after sight (time drafts)
• Bills of exchange payable at a fixed period after the date of drawing (time drafts)
• Bills of exchange payable on a fixed day (fixed time drafts)
• Successive maturity
• Place of payment
• Designation of the payee
• Day and place of drawing
• Signature of the drawer