"Byles on Bills of Exchange ...will continue to occupy its unique niche in the textbook field as is shown by the extent to which it is cited both before and by the courts."
– Lloyd's List
First published in 1829, Byles on Bills of Exchange and Cheques explains the law relating to payment instruments and their use by banks and their customers, and is frequently cited in courts as an authority on the subject. It provides a detailed narrative account of the law of bills of exchange, promissory notes and cheques, dealing with the law under the Bills of Exchange Act 1882, and its subsequent evolution, including the Cheques Acts 1957 and 1992.
This edition traces the development of the law through recent legislation and case law, bringing the reader up to date with the law as it stands today.
- Explains the attributes of the various instruments, considering their form, transfer, discharge, dishonour, and duties, rights and liabilities of the parties
- Covers foreign bills and conflict of laws issues
- Provides step-by-step analysis of court proceedings involving bank payments, including form of action, pleading and evidence, damages, interest and costs
- Examines forged bills, lost bills and payments made by mistake
- Shows how the law of principal and surety applies to bills
- Discusses insolvency and bills of exchange
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