Negotiable instrument and Restrictive covenant: Difference between pages

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imported>Doug Williamson
m (Amended Special endorsement)
 
imported>Doug Williamson
m (Category added 9/10/13)
 
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A promise to pay money which is freely transferable without formality from one person to another.
A clause included in a contract, such as a contract of employment, to stop the parties working with competitors during the period of the agreement and for some time thereafter.
 
However, unless carefully written the courts will see them as being in restraint of trade and ignore them.


So a negotiable instrument can be transfered simply by endorsement or by delivery (depending what type of negotiable instrument it is).


== See also ==
== See also ==
* [[Aval]]
* [[Contract]]
* [[Bearer instrument]]
* [[Covenant]]
* [[Bill of exchange]]
 
* [[Blank endorsement]]
[[Category:Treasury_operations_infrastructure]]
* [[Dishonour]]
* [[Endorsement]]
* [[Forfaiting]]
* [[Holder in due course]]
* [[Presentment]]
* [[Promissory note]]
* [[Special endorsement]]

Revision as of 11:37, 9 October 2013

A clause included in a contract, such as a contract of employment, to stop the parties working with competitors during the period of the agreement and for some time thereafter.

However, unless carefully written the courts will see them as being in restraint of trade and ignore them.


See also