A bill of exchange can function as "legal tender" or "tender of payment," but its status depends on acceptance and context but regardless, if tendered correctly, it does discharge the debt and respective amount tendered. It is a written instrument where one party (the drawer) orders another (the drawee) to pay a specific amount to a third party (the payee). While bills of exchange can be negotiable, they can also be non-negotiable, meaning they don’t always transfer ownership upon indorsement.
When it comes to protecting your personal or business assets, becoming a secured party under the Uniform Commercial Code (UCC) provides the legal framework to gain full control over your property. By filing the appropriate documentation, you ensure that your interests are legally recognized and protected from claims by third parties. Here’s how you can become a secured party in three essential steps:
The actions of AFFINIA DEFAULT Services, WELLS FARGO, SIERRA PACIFIC MORTGAGE, and RECON DEFAULT Services go beyond mere procedural errors—they represent a coordinated effort of racketeering, organized crime, and bank fraud. These entities are falsely asserting standing to conduct trustee sales under false pretenses and engaging in slander of title and color of title to unlawfully transfer ownership. Their deliberate misrepresentation of their authority is not only fraudulent but also constitutes treasonous activity, as it undermines the very legal framework that protects property rights and ownership.
In California, the creation and existence of a debtor and creditor relationship are governed by Law, statutes, and/or case law. It could be the Uniform Commercial Code, United States Code, California Civil Code, or Commercial Code, and depends on the situation, parties, and their respective location(s). These relationships are fundamental to the legal and financial system, impacting contracts, secured transactions, and obligations.
The "Posting Rule," also known as the "Mailbox Rule," is a legal principle that plays a crucial role in the law of contracts, particularly in the context of offer and acceptance. This rule addresses the moment at which an acceptance of an offer is deemed to be legally effective. According to the Postal Rule, acceptance takes effect when the letter of acceptance is dispatched (that is, placed in the mailbox), not when it is received by the offeror. This principle is significant because it establishes a clear point in time at which a contract is considered to have been formed, even if the acceptance letter is delayed, lost, or never reaches the offeror.
Download Copy. 829 Case No. 14,459. 24FED.CAS.—53 UNITED STATES V. ANTHONY. [11 Blatchf. 200; 5 Chi. Leg. News. 462, 493; […]