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Bill of exchange, its characteristics and functions in the light of historical background and case law until present
Rác, David ; Zahradníčková, Marie (referee)
Within this thesis, I analyze my knowledge of the bill of exchange, especially the development of the bill of exchange and the current law in action practise. The main part of this thesis is devoted to the security function of the bill of exchange, which is currently the dominant. But I also paid attention to other bill of exchange instruments. The thesis is divided into five chapters. In the first chapter I discuss the historical development of the bill of exchange, focusing on the development in the Czech lands, with emphasis on the period 1918-1938, called The First republic. The second chapter is devoted to the characteristics of bills of Exchange law and its status in the legal system of the Czech Republic. The third chapter deals with the individual bill of exchange functions. The major part of this chapter is being devoted to the security function, which is recently the most frequent in action. Here I describe the effect and purpose for which they are issued, following the features of the bill of Exchange. Nescience of those features often results to the duty to fulfill the debt two times, however there is no substantive basis for such an action. This chapter also contains the proceeding of crooked endorsement, accompanied by jurisprudence in this matter. In conclusion, I complete the...
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