Note

Note. Following questions are established as a sign of a kind of knowledge which the student who has carefully read some newspapers of this course should possess. The paper covers only about first half of course. To the student recommend to write out answers carefully. Only such answers should be undertaken as can be made of research of lessons.
What in a general sense intends, when we speak about country currency?
List some of the advantages given to community and trade in general by banking establishments.
Banker"s check - the order of the requirement concerning the money, the delayed themes who has funds in bank. How the check differs from the order concerning John Smith to pay to the bearer a certain sum of money?
Why it is important, what checks should be very carefully delayed?
(a) The check does not have any date. It does it by emptiness? (b) how about the check it was dated several months ago? (c) the check is dated on Sunday the good? (d) why checks sometimes are dated forward? (e) - you in freedom to print your own form of the check? Whether (f) really it is necessary, what your check is written on the ordered blank form? (g) how you would write the check for 75 cents?
How there would be you a word the check to give to the person [65] who is unknown in your bank but who wishes to pull money on a counter?
You send the check through mails to John Brown, Philadelphia. How you will interfere with that the check has fallen in wrong John"s Brown hands?
You identify A. B. In your bank. Check A. Presented B. There is a fake. Whether it is valid you are responsible?
A. B. Transfers the check to you pure . It - then the check payable to bearer. How you can legally make it subject to payment to your own order?
What intends the power of attorney? How the attorney should confirm checks for the person for which it operates?
If the note gathered, are transferred you and delivery in debt payment, it would have any value to you, whether there was it overdue? Explain completely.
Tell, how you would give the receipt for note payment. Why not the usual separate sufficient receipt?
Why notes, has acted? Why the formal protest is sometimes desirable even thus, what the paper has no ?
If indorser it is compelled to pay the note against whom has its good requirement?
NOTE TO PREVIOUS EXAMINATION WORK

As any other tool of the credit, a waybill can be deposited with the creditor as safety for money

As any other tool of the credit, a waybill can be deposited with the creditor as safety for money has promoted (or it can be transferred the buyer) means , and the property or the goods will be thus or are put in pawn or appointed. Operating on this principle, the consignor declares in a waybill, that it is necessary to put the goods to , or it appoints. When the consignor is incapable to insert a name when the waybill is disassembled, the account to order is made in what, the name is replaced according to the order of the consignor of words, or easier to order; it thus the understood, which goods it would be necessary to put whom gifts, in mission point, a waybill properly confirmed with the consignor. According to such simple arrangement as the account, to order to the dealer allow to sell the goods while they in the sea, or in ways, and cargo of the goods can pass to other owner some times before to arrive to its destination.

Estimations

Estimations. Some companies will organise with understanding, that the certain percent from nominal value of actions should be paid during a subscription, and that the future payments should be made during such times and [46] in such quantity as the company can demand. Under these conditions
Shareholders are estimated every time when money is necessary. Such estimations are homogeneous on all shareholders.

But natural advantages of the situation captured by these big cities, have been grandiosely added

But natural advantages of the situation captured by these big cities, have been grandiosely added by the enterprise of their inhabitants. Glasgow - only river port. As on twenty miles below its site Clyde is naturally narrow, small, and burdened with shoal. In places it is natural no more than fifteen inches depth. Expenses the sum is not less than 60 000 000$ this small stream has been transformed to the continuous harbour levelled from both parties for miles with moorings and docks, and easily capable to placing of the greatest and finest trading courts afloat. As consequence of this enterprise of Glasgow became the greatest port of shipbuilding in the world. No less than twenty shipyards any less - in efficiency and size very much the highest exists a class to be found along banks once small, impassable Clyde, between appropriate Glasgow and a river mouth.

The holding of the Great Britain, however, on the divided continent includes the best parts

The holding of the Great Britain, however, on the divided continent includes the best parts. The most part of Africa is unfit for human habitation the white. Everywhere, where, however, the white can live - except in northern Africa there, the control was possible to receive the Great Britain. Excepting coast of the Mediterranean, the most part of Africa which consider from points of representation of colonisation and trade, that is known now as 'the British Southern Africa.' It is huge area - area almost 1 000 000 square miles. It the whole southern part of the continent known as the Colony of Cape, and (2), that includes (1), that a part of the big central plateau of continent which is stretched from the Cape Colony to the north to Lakes Nyassa and Tanganyika - all but two republics, Orange Free State and the South African republic. The British East Africa (800 000 square miles) includes territory of Uganda, to the north from Lake Victoria, territory which from character of its population on a birth and its possibilities of trade named 'pearls of Africa.' The British Western Africa (500 000 squares [161] miles) includes pool of lower Niger, most densely occupied area in all Africa, a place of the big empire of a Fula-house of Sokoto-Gandu,
The richest and greatest country-participant of foreign trade on continent. Besides, in the northeast, the Great Britain carries out 'the protectorate control' over the control of Egypt-a which, possibly, will promote correction for Egypt, and thus for a civilisation and trade under the British power, ancient property of all Egypt along Nile so far at least as Uganda. The full area of the British property in Africa, exclusive of two republics and Egypt, makes more than 2 300 000 square miles.
'DOMINION OF SOUTHERN AFRICA'

Commercial agencies have arisen in the system accepted by several visible firms of continuation of

Commercial agencies have arisen in the system accepted by several visible firms of continuation of the report all information, accessible concerning their clients. In 1841 'the Commercial Agency of New York' has begun the history, and was the predecessor of existing great agencies, whose record books of credits and estimations include names of all business buildings and corporations in this country and Canada. The establishment of the pioneer of this character in the United States was that having now the name 'R. Dun and Co.,' a product 'Commercial Agency of New York.' About 1860 it has transferred a name of Dun which was before the partner since Douglass when the agency was known as 'B. Douglass and Co.' Other popular and influential anxiety is one know as 'Company Bradstreet,' close speaking about as 'Bradstreet"s'. Besides these two leaders there are many other things which messages concerning credits are limited by specific lines of trade. The big agencies soon have found necessary to establish branches in all business sections of the country. The specific area of research is allocated to each branch, and information interchange is in constant advancement.

The European governments which had a property in Africa, all made all efforts to suppress slavish

The European governments which had a property in Africa, all made all efforts to suppress slavish movement. But they could not make very salutary steps to this management, not carrying out the power out of territorial limits which they as it was supposed, have occupied. Gradually, for these reasons, and also for the reason, that all of them aspired to expand their commercial business relations in Africa, they have started to carry out the power out of their old-fashioned territorial limits. Thus has begun establishment from the European nations of that is known as 'influence spheres' in Africa. In the first England and France there were unique nations which were in general active in an establishment of these spheres of influence. Later Germany and Italy and other nations have started to establish them also. Beginning, therefore, in the course of time, 1883 and 1884 there were the general establishment and gradual expansion of these spheres till now, the whole continent has been actually distributed among several European powers.
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THE BIG DIVISION OF AFRICA
Division of Africa.

As these banks - keepers of superfluous savings of considerable quantities of people about whom

As these banks - keepers of superfluous savings of considerable quantities of people about whom laws of these several states have insured them with many guarantees, [222] not only for protection of investors, but also establishments directly. It is extremely correct and ought that the state, through its bank
Special representatives or otherwise, should while to supervise operations of savings banks to see, that they carry out the part of their contract with investors.

The received value of words which usually appear on notes, is not necessary legally

The received value of words which usually appear on notes, is not necessary legally. Thousand the good notes made without any consideration of value, are processed daily.

If your note in your own bank, and you wish to pull the check in payment, to write 'the Payment to

If your note in your own bank, and you wish to pull the check in payment, to write 'the Payment to the order of Accounts for payment.' If you wish to write the check to pull money for wages, write 'the Payment to the Pay-sheet order.' If you wish to write the check to pay for the project which you buy, write 'the Payment to order N. Y. The project and the Exchange,' or regardless of the fact that circumstances can call.
The check, made to receive money for direct use.

D pulls in the similar way on F

D pulls in the similar way on F. E involves R, and P on G.Predpolozhite, that instead of involving K receives the project delayed by Bank B of London on Bank of New York, subject to payment to order .

[7]

The example resulted below displays badly written check and what could be very easily lifted
[7]
The example resulted below displays badly written check and what could be very easily lifted. The roguish receiver could, for example write, 'ninety' before 'six' and '9' before number '6', and thus to lift the check from 6$ to 96$. If it has been made, and the check on money the manufacturer, instead of the bank, would become responsible for loss. You cannot consider other people responsible for your own negligence. The check has been lifted from 100$ to 190$ by the letter of words 'and ninety' after words 'hundred.' One of code numbers in numbers has been changed on '9', adding a tail to it. Wisely to pull a running line, thus ~~~~~~, after quantity in words, thus preventing any additional letter.
Badly delayed check.

While probably today to define average losses from bad debts in various trading specialisations,

While probably today to define average losses from bad debts in various trading specialisations, individual risks cannot be accepted on that basis. Everyone demands special research. If the addressing client paints the financial condition in pinkish colours, allow it, wish to reduce its statement to the letter and when its signature is attached, its statement is much more reliable, because he knows about the hung responsibility of swindle if it has deformed. The men who are not inclined to transformation oral [257] statement to the letter, immediately discredited themselves. Men who wish to be fair, can be optimistic in the image of prospects
And to be inclined to establish imprudent value on their property and business degree. Can be easier to tell the absolute truth about debts, because they - such constantly real things; but actives have elastic qualities in many man"s minds and seem capable to any expansion in an extreme situation. Buyers who make upon itself impression optimum on the business house, are frank in their statements. The obvious, sincere laconic person will deserve consideration. Servility or a pleading kind contribute that adversely. Stephen Girard has told concerning the one who in tears has asked the loan: 'the person, who shouts, when it comes to borrow, will shout, when it will arrive to pay.'