Thread: True Name
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Old 02-17-2008, 02:09 PM
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rentiap rentiap is offline
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Bills of Exchange Act
PART II: BILLS OF EXCHANGE
Acceptance

Acceptance


34. (1) The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer.

Drawee’s name wrong


(2) Where in a bill the drawee is wrongly designated or his name is misspelt, he may accept the bill as therein described, adding, if he thinks fit, his proper signature or he may accept by his proper signature.

R.S., c. B-5, s. 35.


Bills of Exchange Act
PART II: BILLS OF EXCHANGE
Liabilities of Parties

Trade-name or assumed name


131. (1) Where a person signs a bill in a trade-name or assumed name, he is liable thereon as if he had signed it in his own name.

Firm name


(2) The signature of the name of a firm is equivalent to the signature, by the person so signing, of the names of all persons liable as partners in that firm.

R.S., c. B-5, s. 132.
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