Documents of Title Under the Uniform Commercial Code: (July 1955)Committee on Continuing Legal Education, 1955 - 158 pages |
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Page 92
... draft . Under that sec- tion a financing agency which makes advances against a draft " which relates to a shipment of goods " acquires the shipper's right to have the draft honored by the buyer.2 That provision in effect makes an ...
... draft . Under that sec- tion a financing agency which makes advances against a draft " which relates to a shipment of goods " acquires the shipper's right to have the draft honored by the buyer.2 That provision in effect makes an ...
Page 112
... draft for the price on its New York customer Fleetwood , and deposited the draft with bill of lading attached in a Tennessee bank . By agreement such drafts were treated as " cash items " ; Lumber could draw against them at once ...
... draft for the price on its New York customer Fleetwood , and deposited the draft with bill of lading attached in a Tennessee bank . By agreement such drafts were treated as " cash items " ; Lumber could draw against them at once ...
Page 114
... draft if the draft is payable more than three days after presentment ; other- wise , only on payment . According to the Official Comment , an " arrival " draft is a sight draft for this purpose . 96 Example 6.5 ( b ) : Moore of ...
... draft if the draft is payable more than three days after presentment ; other- wise , only on payment . According to the Official Comment , an " arrival " draft is a sight draft for this purpose . 96 Example 6.5 ( b ) : Moore of ...
Contents
INTRODUCTION | 1 |
LIABILITIES OF THE BAILEE | 22 |
Chapter Page | 82 |
Copyright | |
2 other sections not shown
Common terms and phrases
accepted according additional agent amended apply attached authority bailee bank bill of lading bona fide buyer carrier cars charges claim claimant Code collection common Company consignee consignor contract cotton course covered damage delivered delivery order denied destination docu document of title draft due negotiation duly duty effect entitled Example faith federal field filing forwarder freight given gives Held holder indorsement instructions issued issuer liable lien limited loss ment month named negotiable document non-negotiable notice notified obligations owner party payment person pledged possession prior protection provisions purchaser reasonable receive reserves result risk rule security interest seems seller shipment shipped shipper Stat statutes storage stored Supp supra surrender tion transfer transportation Trust UBLA Uniform United unless UWRA Section ware warehouse receipts warehouseman