payable upon return of this instrument properly endorsed — A phrase insufficient in itself to create an order instrument. 11 Am J2d B & N § 107 … Ballentine's law dictionary
deposit contract — Agreement between a payor bank and a customer that governs the rights and duties of the parties with respect to funds deposited by the customer in a demand or other account maintained at the bank, and that specifies, among other things, the… … Black's law dictionary
deposit contract — Agreement between a payor bank and a customer that governs the rights and duties of the parties with respect to funds deposited by the customer in a demand or other account maintained at the bank, and that specifies, among other things, the… … Black's law dictionary
wrongful dishonor — n: a wrongful refusal by a payor bank to honor an item that is properly payable a payor bank is liable to its customer for damages proximately caused by the wrongful dishonor of an item Uniform Commercial Code Merriam Webster’s Dictionary of Law … Law dictionary
South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… … Wikipedia
Affreightment — Admiralty law History … Wikipedia
bill — As a legal term, this word has many meanings and applications, the most important of which are set forth below: Bill of Rights. A formal and emphatic legislative assertion and declaration of popular rights and liberties usually promulgated upon a … Black's law dictionary
bill — As a legal term, this word has many meanings and applications, the most important of which are set forth below: Bill of Rights. A formal and emphatic legislative assertion and declaration of popular rights and liberties usually promulgated upon a … Black's law dictionary
Systems Applications Products audit — is when a computer system from SAP undegoes an audit to check its security and data integrity. SAP is the acronym for Systems, Applications, Products. It is a system that provides users with a soft real time business application. It contains a… … Wikipedia
General average/New version — Average in maritime commerce to signify damages orexpenses resulting from the accidents of navigation. Average is either general or particular. General average arises when sacrifices have been made, or expenditures incurred, for the preservation… … Wikipedia