On The Counterfeit Note The Risk Of Liability

As one of bill-imperfections existing in bill circulation, bill-forgery not only affects the normal development of economic order, but also harms relevant parties'economic benefits. Thus, it is very important to ascertain how to undertake the bill-forgery risk in view of legal validity of bill-forgery for relevant parties. The Two Law Systems of Negotiable Instruments have different regulations on legal validity and risk assumption of bill-forgery, which actually emphasizes differently on bill's"Static Security"and"Dynamic Security". This paper is to draw lessons for our state on the basis of comparison and analysis of bill risk responsibility theory in the Two Law Systems of Negotiable Instruments, and find out imperfections and propose legislative solutions through profound analysis of bill-forgery validity and risk assumption theory so as to perfect our bill-legislation.