Bills Without Reason In Our Legislative And Practical Research

Bills without reason refers to the bills relations once formed, based relationship between the notesof phase separation, the existence and validity of the relationship with the bill should not depend on theexistence and validity of the based relationship. Bills without reason including the extrinsic and theintrinsic non-sexual.External non-sexual behavior refers to the effectiveness of the independentexistence of the Notes, its effectiveness depends entirely on whether the act in the form of negotiableinstruments law requirements, and the relationship is not caused by the underlying validity of legal acts.Inherent non-sexual behavior is caused by bills, bills relations generated substantial cause behaviordetached from the notes, bills do not constitute acts of self-content. China’s current NegotiableInstruments on the three sources of law provisions of bills without reason content is not uniform, thestandard is vague, resulting in a doctrine and judicial practice perspective differences. To this end, ourbills legislation should explicitly adopt the principle of no reason for the current legislative purpose,notes on the price system, the effectiveness of blank endorsement and bank obligations and otheraspects of the review to revise and improve.