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BANK
SPRIN
ASSIG
DUE D
MARK
 
Topic to b
  N
 
Learning
  T
  T
  T
si
Assignm
Question
You are r
validity o
KING LA
NG 2014
GNMENT
DATE: 23r
KS: 25
be tested
Negotiable In
g objectives:
To learn abou
To learn abou
To implemen
ituations  
ment Questio
n No: 01
required to a
of negotiabl
o  Case
Mr. X
produ
Mr. Y
100,00
will n
o  Case
Mr. A
stock
that ev
o  Case
In abo
payme
suit ag
 
 
AWS & P
4
T NO. 2
rd
 July, 2
nstruments
ut the concep
ut the practic
nt the relevan
ons:
analyze the
le instrumen
# 01:  
X and Mr. Y
ucts to Europ
Y to supply it
00 for 3 mon
ot endorse th
# 02:  
A promises to
exchanges c
vent does no
# 03:  
ove case, sto
ent of due am
gainst Mr. B
PRACTIC
014
pts of Negot
cal scenarios
nt rules and r
different ca
nts/contract
involved in
pean countrie
t to one of it
nths; but he
his bill to an
o pay money
crashed down
ot happened
ck market cr
mount but M
B in the court
CES (BN
iable instrum
s relating to N
regulations o
ases mention
ts:
a transaction
es. On 30th
 Ju
s customer a
put a conditi
nyone until it
y to Mr. B, o
n), in consid
within next
rashed and M
Mr. B is not w
t of law.  
NK 601)
ments
Negotiable i
of negotiable
ned below a
n of import a
June, 2014 M
and signed a
ion on this b
ts maturity d
on the happen
deration of M
two months
Mr. A drew a
willing to sig
)
instruments
e instrument
and commen
and export o
Mr. X receive
a bill of exch
bill of exchan
date.  
ning of a cer
Mr. B paying
.
a bill of exch
gn such bill.
ts in daily lif
nt about the
of leather
ed goods fro
hange of Rs.
nge that Mr.
rtain event (i
g to him mon
hange for th
Mr. A filed
fe
e
om
. Y
if
ney if
he
a Question No: 02
Mr. Ali bought a policy of marine insurance from ABC Insurance Company. It is clearly
mentioned in the policy that no person can sue the insurance company for the claim of the loss
after the expiry of 6 months from the date of loss. Will this contract be valid in the court of
law?  
Question No: 03
Mr. Asif promises to pay Rs. 100,000 to Mr. Bilal and remaining amount of the transaction
within two months after this payment. Can we consider it as a promissory note?
Instructions:
DEADLINE:
  Make sure to upload the solution file before the due date on VULMS.  
  Any submission made via email after the due date will not be accepted.
FORMATTING GUIDELINES:
  Use the font style “Times New Roman” or “Arial” and font size “12”.  
  It is advised to compose your document in MS-Word format.  
  You may also compose your assignment in Open Office format.
  Use black and blue font colors only.  
 
REFERENCING GuIDELINES:
 
  Use APA style for referencing and citation.  For guidance search “APA reference style”
in Google and read various website containing information for better understanding or
visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
 
RULES FOR MARKING
 
  Please note that your assignment will not be graded or graded as Zero (0), if:
  It is submitted after the due date.
  The file you uploaded does not open or is corrupt.
  It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
  It is cheated or copied from other students, internet, books, journals etc.
 
 

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Replies to This Discussion

is ka solutn tu upload kr dy plzzzzz

Mjy b smj nai arai plz koi to idea dy :( :( 

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