Monday, February 4, 2008

Commercial use, however, recognises the specific form in which this letter should be written, and



Commercial use, however, recognises the specific form in which this letter should be written, and the address of the person for which it is intended, is usually written in lower left corner instead of on an envelope. Commercial projects usually reach people on whom they are involved by means of banks, instead of directly mail. Allow us to illustrate. Assume, that Chicago should B 200$, and B wishes to collect quantity by means of the project. It is filled in the pure project, signs it, and addresses to it on [28] lower left corner to A. Instead of sending it mail it takes it to its bank
- That is, deposits it for a collection. It will reach the Chicago bank approximately in the same way which checks for a collection go from one place to another. The messenger from the Chicago bank will bear the project in office A"s and to represent it for payment or for acceptance. If it is the project that is, a kind the project subject to payment when A sees it - it can give cash for this purpose at once and to take the project as its receipt. If it does not have the money convenient, he can write through the person, 'Accepted, subject to payment in (its) Bank,' as on an illustration. It then will reach its bank and will be paid, as its personal check would be, and should be entered into its check-book. Banks usually give one day after kind projects. The project will not be presented to second time, but will be spent in bank before end of bank hours next day, where A can call to pay if he chooses. Softness as to time will depend substantially on instructions B"s and the bank relation to A. If the project - the urgent bill of exchange that is if B gives time, certain number of days to pay It if he wishes to pay the project, accepts it. It does it by the letter of the word accepted with date and its signature through the person of the project. It can make it subject to payment in its bank as it would be the note if he so wishes. It then returns the project to the messenger and if time is long, the project is returned to B; if only a few days, bank hold it for a collection.
Number 1. The kind project.
Number 2. The approved ten-day project of a kind.




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