Theory Of Bill Credit

Negotiable instrument, which is the product of marketing economic system, playsan important role in the modern economic activates and bring us with convenience andsecurity. In China, however, there are many deficiencies with the credit which is seemedas the soul of negotiable instruments. As a result of the economic problems broughtabout by the missing of credit of negotiable instruments, it prevent the negotiableinstrument market from growing smoothly. In the first chapter, we elaborate the generalprinciple of negotiable instruments and credit of negotiable instruments throughconcepts, history, characters and functions, the content is the base of the followingpart.In the second chapter, we summarize the affirmation, guarantee and defects ofnegotiable instruments by the laws through basing on the negotiable instruments’characters and the laws about the negotiable instruments in our country.In the lastchapter, we analyze the phenomenon of lack of credit in the negotiable instrumentmarket of out country and put forward some strategies in order to improve the creditinstitutions of negotiable instruments and create a better transaction environment.