(a) Rights of the holder:
(i) To sue on the bill in his own name.
(ii) To hold the bill free from any defects of title of the prior parties.
(iii) To negotiate the bill.
(b) Duties of a holder
(i) It is the duty of the drawer to present the bill to the drawee for acceptance.
(ii) It is the duty of the payee to present the bill to the acceptor for payment.
maurice.mutuku answered the question on May 1, 2018 at 09:54
-
What is a holder in due course and how does he differ from a holder for value?
(Solved)
What is a holder in due course and how does he differ from a holder for value?
Date posted:
May 1, 2018
.
Answers (1)
-
In what circumstances may the High court set aside an arbitral award?
(Solved)
In what circumstances may the High court set aside an arbitral award?
Date posted:
May 1, 2018
.
Answers (1)
-
Explain the ways in which arbitral tribunals may be appointed.
(Solved)
Explain the ways in which arbitral tribunals may be appointed.
Date posted:
May 1, 2018
.
Answers (1)
-
Explain what is meant by Obiter dicta.
(Solved)
Explain what is meant by Obiter dicta.
Date posted:
May 1, 2018
.
Answers (1)
-
What is meant by "Ratio decidendi?".
(Solved)
What is meant by "Ratio decidendi?".
Date posted:
May 1, 2018
.
Answers (1)
-
What is the importance of stare decisis in the doctrine of precedent?
(Solved)
What is the importance of stare decisis in the doctrine of precedent?
Date posted:
May 1, 2018
.
Answers (1)
-
Explain the legal principles applicable where F cut down the branches of a mango tree belonging to G, his neighbour, which
had extended to his land....
(Solved)
Explain the legal principles applicable where F cut down the branches of a mango tree belonging to G, his neighbour, which
had extended to his land. He picked the ripe mangoes from the fallen branches
and gave all of them to children in his vicinity.
Date posted:
May 1, 2018
.
Answers (1)
-
Explain the legal principles applicable where H posted a poster on D's wall advertising a disco-dance competition
meant for raising funds for a local charity.
(Solved)
Explain the legal principles applicable where H posted a poster on D's wall advertising a disco-dance competition
meant for raising funds for a local charity.
Date posted:
May 1, 2018
.
Answers (1)
-
Explain the legal principles applicable where B entered into C's land to recover a time rabbit which belonged to B's children.
(Solved)
Explain the legal principles applicable where B entered into C's land to recover a time rabbit which belonged to B's children.
Date posted:
May 1, 2018
.
Answers (1)
-
Indicate the ways in which the tort of conversion may be committed.
(Solved)
Indicate the ways in which the tort of conversion may be committed.
Date posted:
May 1, 2018
.
Answers (1)
-
State the powers of a personal representative.
(Solved)
State the powers of a personal representative.
Date posted:
May 1, 2018
.
Answers (1)
-
State and explain the circumstances under which the court may make a limited grant of
administration as provided under the law of succession.
(Solved)
State and explain the circumstances under which the court may make a limited grant of
administration as provided under the law of succession.
Date posted:
May 1, 2018
.
Answers (1)
-
Abel Rigo received a bill of exchange for value from Boaz Ngao who had obtained
the instrument fraudulently. Abel Rigo fearing that the bill might lapse,...
(Solved)
Abel Rigo received a bill of exchange for value from Boaz Ngao who had obtained
the instrument fraudulently. Abel Rigo fearing that the bill might lapse, presented it
for payment where upon it was dishonoured.
State with reasons whether Abel Rigo can claim to be a holder in due course.
Date posted:
May 1, 2018
.
Answers (1)
-
Identify the various ways in which an easement may be created.
(Solved)
Identify the various ways in which an easement may be created.
Date posted:
May 1, 2018
.
Answers (1)
-
List four circumstances under which a leasehold may be terminated.
(Solved)
List four circumstances under which a leasehold may be terminated.
Date posted:
May 1, 2018
.
Answers (1)
-
Distinguish a freehold from a leasehold ownership of land.
(Solved)
Distinguish a freehold from a leasehold ownership of land.
Date posted:
May 1, 2018
.
Answers (1)
-
Explain the concept of illegality of contracts and give three types of contracts that are
considered illegal.
(Solved)
Explain the concept of illegality of contracts and give three types of contracts that are
considered illegal.
Date posted:
May 1, 2018
.
Answers (1)
-
Explain the contribution of the courts of law to justice and social order in a country.
(Solved)
Explain the contribution of the courts of law to justice and social order in a country.
Date posted:
April 30, 2018
.
Answers (1)
-
The constitution provides that when a bill has been passed by parliament, it shall be
presented to the president for assent. However, there are instances when...
(Solved)
The constitution provides that when a bill has been passed by parliament, it shall be
presented to the president for assent. However, there are instances when the president
declines to assent a bill.
State the procedure the bill shall go through after it has failed to receive Presidential
assent.
Date posted:
April 30, 2018
.
Answers (1)
-
Outline the extent to which common law differ from equity.
(Solved)
Outline the extent to which common law differ from equity.
Date posted:
April 30, 2018
.
Answers (1)