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    • De La Salle University. Philippines | Manila. For Law. #376 in Asia. #1535 in the World. Acceptance Rate. 35% Founded. 1911. Statistics Rankings.
    • University of the Philippines Diliman. Philippines | Quezon. For Law. #380 in Asia. #1544 in the World. Acceptance Rate. 12% Founded. 1908. Statistics Rankings.
    • Ateneo de Manila University. Philippines | Quezon. For Law. #531 in Asia. #1918 in the World. Acceptance Rate. 42% Founded. 1859. Statistics Rankings.
    • University of the Philippines Manila. Philippines | Manila. For Law. #699 in Asia. #2285 in the World. Founded. 1908. Statistics Rankings.
  1. Jan 3, 2012 · There are 2 kinds of defenses in negotiable instruments: personal and real. Real Defenses. 1.) Minority. 2.) Forgery. 3.) Non-delivery of an incomplete instrument. 4.) Material alteration. 5.) Ultra vires act of the corporation. 6.) Fraud in factum/esse contractus. 7.) illegality (if declared void for any purpose) 8.) Force/violence. 9.)

  2. GR: The indorsement must be an indorsement of the entire instrument. An indorsement which purports to transfer to the indorsee a part only of the amount payable, or which purports to transfer the instrument to two or more indorsees severally, does not operate as a negotiation of the instrument.

  3. Form of negotiable instruments. - An instrument to be negotiable must conform to the following requirements: (Always step 1 because it determines what law is applicable) (WUPPA)

    • De La Salle University. #1 in the Philippines. #376 in Asia. Acceptance Rate. 35% Founded. 1911. Statistics Rankings.
    • University of the Philippines Manila. #4 in the Philippines. #699 in Asia. Founded. 1908. Statistics Rankings.
    • University of Santo Tomas. #5 in the Philippines. #736 in Asia. Acceptance Rate. 90% Founded. 1611. Statistics Rankings.
    • Mapua University. #8 in the Philippines. #1630 in Asia. Acceptance Rate. 78% Founded. 1925. Statistics Rankings.
  4. Most common forms of negotiable instruments. Promissory notes (there are also special type i.e. bonds, due bills etc.) Sec. 184. Promissory note, defined. – A negotiable promissory note within the meaning of this Act is. an unconditional promise.

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  6. Most important characteristic of negotiable instruments is the accumulation of secondary contracts which they pick up and carry with them as they are negotiated from one person to another Advantage: they improve as they pass from hand to hand, as more debtors are added