See negotiable paper; a written document representing the unconditional promise to pay a sum of money on demand of its owner, the most common examples being checks and promissory notes. Negotiable instruments can be transferred, such as endorsing the back of a check and writing pay to the order of John Doe. … [Read more...] about NEGOTIABLE INSTRUMENT
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NEMO COGITUR SUAM REM VENDERE ETIAM JUSTO PRETIO
Latin, meaning No one is bound to sell his own property, even for a just price. … [Read more...] about NEMO COGITUR SUAM REM VENDERE ETIAM JUSTO PRETIO
NEGOTIABLE PAPER
contracts. This term is applied to bills of exchange and promissory notes, which are assignable by indorsement or delivery. 2. The statute of 3 & 4 Anne (the principles of which have been generally adopted in this country, either formally, or in effect,) made promissory notes payable to a person, or to his order, or bearer, negotiable like inland bills, according to the … [Read more...] about NEGOTIABLE PAPER
NEMO CONTRA FACTUM SUUM VENIRE POTEST
Latin, meaning No man can contradict his own deed. … [Read more...] about NEMO CONTRA FACTUM SUUM VENIRE POTEST
NEGOTIATE
To discuss or arrange a sale or bargain; to arrange the preliminaries of a business transaction. Also to sell or discount negotiable paper, or assign or transfer it by indorsement and delivery. … [Read more...] about NEGOTIATE