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Blank Bill
Koncer, Nikola ; Patěk, Daniel (advisor) ; Čech, Petr (referee)
Incomplete instrument is an institution in practice quite often used, but which raises a number of issues stemming mainly from its fragmentary legislation. The aim of my work is primarily to explore related issues, to confront conflicting views of theorists, to deal with the mismatch between theory and conclusions of the courts and in a case I find such to add my own opinion in a contentious area. The result should be a comprehensive presentation of incomplete instrument including the benefits and risks which this certainly interesting institute holds. Admissibility of incomplete instrument has been controversial issue for a long time. Especially the business practice established the existence of deeds that are not rightful Bills of Exchange or other securities as they don't contain all the particulars required by law, yet give its owner confidence that, if effort is made, they can be transformed into the proper Bills of Exchange. These documents are called Incomplete instruments. If we search for the essence of incomplete instrument, then it can be relatively easily determined even from its very name of which can be seen that this is a deed containing white spaces intended for later additions. Incomplete instrument is a precursor of future Bills. It is a deliberate deed issued in incomplete form,...
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Blank Note
Fojtů, Dominik ; Horáček, Vít (advisor) ; Čech, Petr (referee)
- Blank Note This thesis deals with blank note (incomplete instrument) as a particular subset of promissory notes/bills of exchange. It is comprised of a brief introduction on history of securities followed by a summarization of development of prommisory note, including its legislative history in the Czech Republic. International conferences aiming to unify the subject matter are also considered. The main body of the text aims to define the incomplete instrument; the definitions itself subsequently subdivided to provide comprehensive description of form, minimal content of the instrument, demands placed on signature and on the intent of parties to create an inchoate note. A whole individual chapter investigates one of the crucial elements typical of incomplete instrument, which is authority to fill in empty spots as given by the signee to a holder. Thus, its goal is to illustrate its nature and the ways it can originate and terminate. It being the crucial issue of many litigations concerning a once incomplete promissory note, particular attention is given to termination of such authority while the largest part of this chapter looks at application of licence to fill in violation of the authority given. In this context, a brief description of possible penal repercussions follows. The thesis also...
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Blank Note
Fojtů, Dominik ; Horáček, Vít (advisor) ; Čech, Petr (referee)
- Blank Note This thesis deals with blank note (incomplete instrument) as a particular subset of promissory notes/bills of exchange. It is comprised of a brief introduction on history of securities followed by a summarization of development of prommisory note, including its legislative history in the Czech Republic. International conferences aiming to unify the subject matter are also considered. The main body of the text aims to define the incomplete instrument; the definitions itself subsequently subdivided to provide comprehensive description of form, minimal content of the instrument, demands placed on signature and on the intent of parties to create an inchoate note. A whole individual chapter investigates one of the crucial elements typical of incomplete instrument, which is authority to fill in empty spots as given by the signee to a holder. Thus, its goal is to illustrate its nature and the ways it can originate and terminate. It being the crucial issue of many litigations concerning a once incomplete promissory note, particular attention is given to termination of such authority while the largest part of this chapter looks at application of licence to fill in violation of the authority given. In this context, a brief description of possible penal repercussions follows. The thesis also...
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Blank Bill
Koncer, Nikola ; Patěk, Daniel (advisor) ; Čech, Petr (referee)
Incomplete instrument is an institution in practice quite often used, but which raises a number of issues stemming mainly from its fragmentary legislation. The aim of my work is primarily to explore related issues, to confront conflicting views of theorists, to deal with the mismatch between theory and conclusions of the courts and in a case I find such to add my own opinion in a contentious area. The result should be a comprehensive presentation of incomplete instrument including the benefits and risks which this certainly interesting institute holds. Admissibility of incomplete instrument has been controversial issue for a long time. Especially the business practice established the existence of deeds that are not rightful Bills of Exchange or other securities as they don't contain all the particulars required by law, yet give its owner confidence that, if effort is made, they can be transformed into the proper Bills of Exchange. These documents are called Incomplete instruments. If we search for the essence of incomplete instrument, then it can be relatively easily determined even from its very name of which can be seen that this is a deed containing white spaces intended for later additions. Incomplete instrument is a precursor of future Bills. It is a deliberate deed issued in incomplete form,...
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