Give an Account of the Requirement for a Fixed Amount

question 79

Essay

Give an account of the requirement for a fixed amount in negotiable instruments?

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Definitions:

Society

Society is a group of individuals living together in a more or less ordered community, often sharing common traditions, institutions, and values.

Legal

Pertaining to the law or the system of rules that a particular country or community recognizes as regulating the actions of its members.

Ethically Unquestionable

Pertaining to actions or decisions that are universally considered morally right or acceptable, with no doubts regarding ethical integrity.

Congress

The national legislative body of the United States, consisting of two houses: the Senate and the House of Representatives.