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Negotiable Instruments: Key Concepts and Definitions

Classified in Law & Jurisprudence

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State the Difference Between a Negotiable Instrument and a Contract of Assignment

Negotiation

Negotiation implies the transfer of a negotiable instrument that takes place to make the transferee the holder of the instrument. It has effect by mere delivery in the case of a bearer instrument and endorsement and delivery in the case of an order instrument. The transferee has the right to sue the third party in his/her own name.

Assignment

Assignment alludes to the transfer of ownership of the negotiable instrument, in which the assignee gets the rights to receive the amount due on the instrument from the prior parties. It has effect by a written document duly signed by the transferor. The assignee does not have the right to sue third parties in his... Continue reading "Negotiable Instruments: Key Concepts and Definitions" »

English Grammar & Vocabulary: Verbs, Numbers, Office Terms

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English Language Essentials: Numbers and Grammar

Numbers 1-100

  • One
  • Two
  • Three
  • Four
  • Five
  • Six
  • Seven
  • Eight
  • Nine
  • Ten
  • Eleven
  • Twelve
  • Thirteen
  • Fourteen
  • Fifteen
  • Sixteen
  • Seventeen
  • Eighteen
  • Nineteen
  • Twenty
  • Thirty
  • Forty
  • Fifty
  • Sixty
  • Seventy
  • Eighty
  • Ninety
  • One Hundred

Common Irregular Verbs: Present and Past Simple

Master these essential irregular verbs to improve your English fluency.

PresentPast SimplePresentPast Simple
bewas / werebeginbegan
breakbrokebringbrought
buildbuiltbuybought
catchcaughtchoosechose
comecamecostcost
cutcutdodid
drawdrewdrinkdrank
drivedroveeatate
fallfellfeelfelt
fightfoughtfindfound
flyflewforgetforgot
freezefrozegetgot
givegavegowent
havehadhearheard
holdheldhithit
keepkeptknowknew
learnlearntleaveleft
leadledletlet
lielayloselost
makemademeanmeant
meetmetpaypaid
putputreadread
rideroderunran
saysaidseesaw
sellsoldsendsent
setsetshutshut
singsangsitsat
sleepsleptspeakspoke
spendspentstandstood
stealstoleswimswam
taketookteachtaught
telltoldthinkthought
understandunderstoodwakewoke
wearworewinwon
writewrote

Present

... Continue reading "English Grammar & Vocabulary: Verbs, Numbers, Office Terms" »

Legal Definition and Regulation of Commercial Transactions

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Commercial Transactions: Legal Foundations

Defining a Commercial Transaction

The definition of a commercial transaction is founded upon a special Commercial Code and typically combines two core elements:

  1. Definition of a merchant
  2. Definition of a commercial transaction

Commercial Transaction Definition: Germany and France

In certain countries—Germany, for example—the emphasis is placed on the definition of the merchant; in others, such as France, the emphasis is on that of the commercial transaction. This latter criterion, the so-called objective test, was adopted in the 19th century for ideological reasons, as the French wanted to avoid any repetition of the pre-Revolutionary differentiation of legal rules according to the social condition of... Continue reading "Legal Definition and Regulation of Commercial Transactions" »

Understanding Defamation Law: Protecting Your Reputation

Posted by Mirwan bugti and classified in Law & Jurisprudence

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Introduction

Defamation is a complex area of law that intersects both tort and criminal law. The core principle behind defamation law is the protection of an individual's reputation, status, and profession from unjustified attacks. This principle has led to the establishment of legal actions against those who make harmful and untrue statements about others.

Meanings

Defamation refers to the act of damaging someone's reputation by making false statements about them, either verbally or in writing.

Relevant Provisions

Defamation is addressed in Sections 499 and 500 of the Pakistan Penal Code (PPC) 1860.

Definition

Defamation occurs when a person makes or publishes any statement, whether spoken, written, or through signs or representations, with the intention... Continue reading "Understanding Defamation Law: Protecting Your Reputation" »

Understanding Different Types of Texts: Narrative, Descriptive, Instructive, Argumentative, and Expository

Classified in Law & Jurisprudence

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TEXT TYPOLOGY

What is a text? A language unit, spoken or written, with different sizes, communicative functions, social purposes, types, genres, and linguistic features.

Narrative Texts

To tell a story.

  • Sequences of events and time
  • Fictional or nonfictional
  • Narrator: first person (protagonist or witness) or third person (omniscient)

Examples: Myths, fairy tales, stories, science fiction, historical fiction, novels, newspaper reports.

Grammatical features: Dynamic verbs, nouns, adjectives, adverbs, adverbials, and adverb clauses.

Scaffold: 1. Orientation: who, when, where is happening. 2. Complication: Triggers a series of events. 3. Sequence of events: characters react to the complication. 4. Resolution: Problem is solved. 5. Coda: Moral to the story.... Continue reading "Understanding Different Types of Texts: Narrative, Descriptive, Instructive, Argumentative, and Expository" »

Understanding the Definition and Punishment of Different Kinds of Hurt

Posted by Mirwan bugti and classified in Law & Jurisprudence

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1. Introduction

Section 332 to 337 of PPC explains the definition, punishment and different kinds of hurt. Hurt is harm caused to the human body other than death. It has different kinds such as itlaf-udw, shajjal, jurh, Salaliyat-udw etc.

2. Relevant Provisions

The relevant provisions regarding the concerned topic are as under: Sections 332 to 337 PPC.

3. Meaning of Hurt

Hurt means causing of bodily injury resulting either in, bodily pain, disease or infirmity.

4. Definition of Hurt u/ Sec 322(1)

Whoever causes pain, harm disease i or injury to any person or impairs, disables or dismembers any organ of the body or part -thereof any person without causing his death, is said to cause hurt.

5. Kinds of Hurt

Following are the kinds of hurt.

I. Itlaf-udw

i.

... Continue reading "Understanding the Definition and Punishment of Different Kinds of Hurt" »

Evolution of Commercial Transaction Law in Civil Jurisdictions

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Regulation of Commercial Transactions in Civil Law Countries

  1. The Rhodian Law

    This law stipulated that losses incurred by a sea captain while attempting to save the ship and cargo from peril must be shared proportionately by all cargo owners and by the ship owner. This rule was applied throughout the Mediterranean.

  2. Athens

    A capitalist would lend money for a marine trading expedition. The loan was secured by the ship and cargo, but repayment of the capital and payment of interest were conditional on the ship’s safe return. The interest rate, ranging from 24 to 36 percent, was considerably beyond normal rates, reflecting the highly speculative risks involved. This transaction later developed into marine insurance.

  3. The Romans

    1. Civil Law and Foreign
... Continue reading "Evolution of Commercial Transaction Law in Civil Jurisdictions" »

Understanding Abetment in Criminal Law

Posted by Mirwan bugti and classified in Law & Jurisprudence

Written on in English with a size of 4.56 KB

Abetment of a thing

A person abets the doing of a thing, who;-
(iInstigates any individual to do that thing; or

(ii)Engages with one or more other person or persons in any conspiracy for the doing of that thing, if an act or illicit oversight happens in pursuance of that conspiracy and in order to the doing of that thing; or

(iii)Intentionally aids, by any act or unlawful exclusion, the doing of that thing. Section 107

Abetment

Abetment can be committed only when there is positive evidence of either instigation or conspiracy or intentional aid. If none of these three elements stated above is available then abetment does not stand proved. Therefore, mere presence at the scene of the offence would not be sufficient to make out a case of abetment. NLR

... Continue reading "Understanding Abetment in Criminal Law" »

History of Time Drafts and Promissory Notes

Classified in Law & Jurisprudence

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17th Century: Time Drafts and Promissory Notes

C. Instruments were developed

  • The Time Draft

    The time draft was the first development. This type allowed a stated period of time before payment was due. A seller of goods could draw such a draft on the buyer, who would then sign it. By signing the draft, the buyer engaged to pay it when it became due. If the seller did not want to finance the sale by holding the draft until the due date, the seller could transfer it to a lender for less than its face value. The lender could then be paid the face amount of the draft by presenting it to the buyer for payment on the maturity date. The time draft served both as a credit instrument and to transmit funds.

  • The Promissory Note

    The promissory note appeared secondly

... Continue reading "History of Time Drafts and Promissory Notes" »

Responsibilities of the Officer of Watch and Master in Ship Navigation

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The Officer of Watch and Ship Safety

The officer of watch is the Master's representative and his primary responsibility is, at all times, the safety of the ship. He is responsible for ensuring that the planned passage is properly carried out during his watch. He must at all times comply with the International Regulation for Preventing Collisions at Sea, 1972, Master's standing orders, and Master's bridge order book.


Maintenance of Watch and Look-out

The officer of watch is responsible for the maintenance of a continuous and alert watch and look-out. Under no circumstances should he leave the bridge until being properly relieved.


Responsibilities of the Master

The Master is responsible for the safe navigation of the ship and ensuring that all watch-... Continue reading "Responsibilities of the Officer of Watch and Master in Ship Navigation" »