NEGOTIABLE INSTRUMENTS

1. Features of NI

1.1. Negotiability

1.2. Accumulation of Secondary Contracts

2. Classes of NI

2.1. Promissory Note

2.2. Bill of Exchange

2.3. Cheque

3. Noting & Protesting

3.1. Noting

3.2. Protesting

4. Indorsement

4.1. Essential of a valid endorsement

4.2. Classes of Endorsement

4.2.1. Blank or General

4.2.2. Special or Full

4.2.3. Restrictive

4.2.4. Conditional

4.3. Who may endorse

5. Parties of NI

5.1. Parties to Bill of Exchange

5.1.1. Drawer

5.1.2. Drawee

5.1.3. Acceptor

5.1.4. Payee

5.1.5. Indorser

5.1.6. Indorsee

5.1.7. Holder

5.2. Parties to Promissory note

5.2.1. Maker

5.2.2. Payee

5.2.3. Holder

5.2.4. Indorser & Indorsee

5.3. Parties to a Cheque

5.3.1. Drawer

5.3.2. Drawee

5.3.3. Payee

5.3.4. Holder

5.3.5. Indorser & Indorsee

6. Liabilities of Parties

6.1. Liability of Maker

6.2. Liability Drawer

6.3. Liability Acceptor

6.4. Liability of Irregular Indorser

6.5. Liability of an agent or broker

6.6. Liability of General Indorser

7. Rights of Holders

7.1. Sue thereon in his own name

7.2. Payment to him in due course discharge instrument

8. Dishonor of a Negotiable Instrument

8.1. Dishonor by Non-acceptance

8.2. Dishonor by Non-payment

8.3. Effect of dishonor

8.4. Notice of dishonor

8.5. Duties of the holder upon doshonor

9. Forms & Interpretation