Добавил:
Upload Опубликованный материал нарушает ваши авторские права? Сообщите нам.
Вуз: Предмет: Файл:
Practical_Course_of_English_Language_for_Law_Students.doc
Скачиваний:
0
Добавлен:
01.07.2025
Размер:
2.82 Mб
Скачать

Vocabulary:

form

to provide ( with )

fee

to encode

processing

blank

account

to retain

sizeable

remainder

to loan at interest

earn a profit

deliberately

to issue a cheque

to dishonor

stop payment order

payoff

effective

to disregard

to lapse

бланк

1) забезпечувати (for) 2) представляти , постачати

плата, збір

кодувати

обробка

порожній, чистий

рахунок

утримувати

значний, істотний

залишок

позичати під відсотки

заробляти, одержувати дохід/прибуток

свідомо

виставляти чек

1) відмовляти в акцепті (векселя)

2) відмовляти в платежі (за векселем)

розпорядження про припинення платежів, виплата

дійсний, ефективний

1) не звертати увагу 2) не брати до уваги, ігнорувати

1) минати (про строк) 2) втрачати чинність

4. Read, translate, and analyze text 3.

Text 3. Promissory Notes

A promissory note is an unconditional written promise by one person to pay to the order of another person or to the bearer a certain sum of money on demand or at a definite time. Promissory notes initially involve only two parties — the maker and the payee. The maker (Catherine L. Talbot) is the one who executes or makes a promissory note (or a certificate of deposit) and promises to pay. The payee is Monica A. Soto. If two or more parties join in executing the note, they are comakers and are equally liable for payment.

Personal property may be pledged to secure performance — that is, to ensure payment — of a note. When this fact, together with a description of the property, is stated on the face of the note, the paper is a collateral note. The property pledged in collateral notes is usually in the form of documents of title, such as bonds, a warehouse receipt, or a life insurance policy. A collateral note typically provides for the sale of the security by the payee if the note is not paid when due.

$3.000 Las Vegas, Nevada, February 20 2002

Four years after date I promise to pay to the order of

..................... Monica A. Soto..........................................................

Three thousand dollars_ (3, 000 $)

Payable at City Bank. Las Veaas. Nevada_______________

Catherin

with interest at 9 % a year

No. 6_ Due: February 20. 2006 Catherine L.Talbot____

If real property is the security for the payment, the note is a mortgage note. If

the payment is not made when due, however, the payee can force a sale of the real property and use the proceeds for payment.