Day: November 17, 2021

PROTECTION OF PAYING BANKER Section 4(1) of the Kenyan Cheque Act provides that where a banker, in good faith and in the ordinary course of business, pays a prescribed instrument ( a cheque or draft) drawn on him to a Read More …

NEGOTIABLE INSTRUMENTS NATURE AND CHARACTERISTICS What is a negotiable instrument? This is a document which represents money and the title in passes to a bona fide transferee free from only defect. It is a chose in action. Negotiable instruments are Read More …

PRINCIPLES  OF INSURANCE INSURABLE INTEREST This is the financial or monetary interest at stake or in danger if the subject matter is not insured. It is the interest a person has in the subject matter which he stands to lose Read More …