The Study Notes On The Price System Localization Legal Issues

The legal problem regarding the Negotiable Instrument Consideration is quite a new subject in both theory and practice of our Negotiable Instrument Law. However, the relevant questions are full of challenge. In the world scope, the Negotiable Instrument Consideration is seldom provided in the Negotiable Instrument Laws of the countries in the Genevese Uniform Negotiable Instrument Law System, which is not meant that the Negotiable Instrument Consideration is nothing important. It has both theoretic and practical meanings. It is the first time for our Negotiable Instrument Law to cite this concept, which is a breakthrough to the tradition but also shows the weakness in the research system of the Negotiable Instrument Consideration of our business law theorists. This dissertation has made systematic research regarding the Negotiable Instrument Consideration system, and issued some personal ideas and opinions; since this dissertation is based on many kinds of professional articles, literatures and thorough thought of the author, it will be helpful for the research regarding the Negotiable Instrument Consideration.The first part concerns the general understanding of Negotiable Instruments consideration, setting up a basic theoretical skeleton on Negotiable Instruments consideration. Beginning with the meaning of the contract consideration, and then to the meaning, character and the understanding of Negotiable Instrument consideration in our Negotiable Instrument Law. 1. An introduction of the meaning of contract consideration. In Anglo-American contract law, a valuable consideration may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility given, suffered, or undertaken by the other. Consideration is changed from the external consideration into the subjective consideration. 2. Analysis for the meaning of Negotiable Instrument Consideration. Through the...