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Document Details
Document Type
:
Article In Journal
Document Title
:
The Acceptance of the Bill of Exchange: A Study of the Saudi Commercial Papers Law
القبول كضمانة من الضمانات المصرفية للوفاء بقيمة الكمبيالة (دراسة وفقا لنظام الأوراق التجارية السعودي)
Subject
:
Law
Document Language
:
Arabic
Abstract
:
The acceptance of the bill of exchange by the drawee constitutes a confirmation of the beneficiaries right over the value of the bill. It does not only put the acceptor (drawee) under an obligation to pay but can also be considered as an evidence that the acceptor (drawee) has received the value of the bill from the drawer. Due to the lack of understanding of this point and the vague understanding of the role of the bill of exchange in general, local merchants tend wrongly to use cheques as a replacement of bill of exchange.
ISSN
:
1319-0997
Journal Name
:
Economics and Administration Journal
Volume
:
10
Issue Number
:
1
Publishing Year
:
1417 AH
1997 AD
Article Type
:
Article
Added Date
:
Sunday, October 11, 2009
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
محمد إسماعيل عبدالعزيز آل-الشيخ
MOHAMMED ISMAIL AAL-ASHAIKH
Researcher
Files
File Name
Type
Description
21700.pdf
pdf
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