The Tender For Law

Volume 3

May 02, 2014 4:46 PM

J.P. Alexander

HONOR-

Banking: Acceptance of a check or a credit card transaction by a bank for payment, depending on the amount of funds or credit available in relation to the payment amount.

International trade: (1) Acceptance of a bill of exchange by signing it on its presentment, and/or (2) its payment on or before its due date.