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1921 The Bills Of Exchange Act 1882 M.D. Chalmers Antique Financial History Book

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Condition: Very good

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1921 The Bills Of Exchange Act 1882 M.D. Chalmers Antique Financial History Book

The Bills Of Exchange Act 1882
By Sir M.D. Chalmers
Fourteenth Edition
Published by Waterlow & Sons Limited: London 1921

" The Bills of Exchange Act 1882, introduced in the United Kingdom, was a landmark piece of legislation that standardized and codified the law relating to bills of exchange, promissory notes, and cheques. Before the Act, much of the law surrounding these financial instruments was based on case law and commercial custom, which often created uncertainty in business dealings. By clearly defining the rights and obligations of parties involved—including drawers, payees, endorsers, and holders—the Act provided consistency and legal certainty. This was especially important in an era of expanding global trade, where bills of exchange served as the primary means of facilitating payments across long distances.

The importance of the Act lay not only in simplifying domestic commerce but also in promoting international trade by providing a framework that was widely recognized and adopted in other jurisdictions. It reduced disputes, strengthened confidence in negotiable instruments, and allowed businesses and banks to rely on clear legal protections when using bills of exchange. Over time, the Act became the foundation of modern commercial law relating to negotiable instruments, and although some provisions have been updated or superseded, its core principles remain influential in common law systems worldwide."

Light wear to covers and spine. Binding is solid with no loose pages. No inscriptions. Pages in good order, clean and present well. A nice copy in very good condition overall. Please study photos to further understand condition.

Size 22cm x 14cm x 1cm - 102 Pages + Publishers Advertising

Categories:

  • Financial
  • Reference

    • PRODUCT DETAILS


    Condition: Very good
    Binding: Cloth
    Special Attributes: Original Green Cloth Bindings
    Region: Europe
    Subject: Reference
    Original/Facsimile: Original
    Seller Notes: Light wear to covers and spine. Binding is solid with no loose pages. No inscriptions. Pages in good order, clean and present well. A nice copy in very good condition overall. Please study photos to further understand condition.
    Language: English
    Author: Sir M.D. Chalmers
    Publisher: Waterlow & Sons Limited: London
    Year Printed: 1921
    Sub-subject: Financial