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by the maker of the negotiable instrument—the one issuing the draft. This entity or person is known as the "drawer of funds." The term "negotiable" refers to the fact that the note in question ...
even if the drawer has insufficient funds in their account. The Negotiable Instruments Act, 1881 provides for the legal recognition of negotiable instruments and the rules for their use.
An allonge is a sheet of paper that is attached to a negotiable instrument, such as a bill ... then it will be deemed as pertaining to the drawer. Bills of exchange are primarily used in ...
Ambiguous Instruments is defined in Section 17 of Negotiable instruments Act ... the drawee and the drawer are the same people or where the drawee is a fictitious person or a person inept to ...
Revised Article 3 facilitates the transformation of a physical negotiable instrument ... and information derived from the instrument by the maker and drawer, rather than by physical delivery.