Research On The Special Systems Of The Rights On Negotiable Instruments

As securities ,Negotiable Instruments are the results of highly developed economy and the important instruments of commodity exchange nowadays The rights of Negotiable Instruments are different from the civil rights ,such as Negotiable Instruments' special systems. Currently , the researches about Negotiable Instruments mainly focus on its special systems ,and emphasize the importance of Negotiable Instruments' causality .However ,why Negotiable Instruments' causality is necessary and the relationships between Negotiable Instruments' causality and its special systems are seldom discussed .Lucubrate on these two question is helpful to establish the core of Negotiable Instruments' causality in Negotiable Instruments law ,hasten circulating of Negotiable Instruments .widen the scale of commodity exchange , and promote the development of society economy .In this article Negotiable Instruments are regarded as quasi-money. The historic reason and the economic reason of Negotiable Instruments' causality are discussed .and the core status of Negotiable Instruments' causality in Negotiable Instruments law is clear .At the same time , Negotiable Instruments' causality relativity is also important .Negotiable Instruments' causality educes the Negotiable Instruments' special systems including bona fide acquisition .endorsement and defenses of Negotiable Instruments .Because of these special systems ,the cost of using negotiable instruments is reduced .its security is assured and circulating is accelerated .In the end .the situation of Negotiable Instruments Law in our country is analyzed The relativity of Negotiable Instruments' causality is emphasized overly and in our country which baffles the circulating of negotiable instruments .It's need to be improved on .