But the new bankruptcy law of China still hasn t accepted the ability of bankruptcy of businessman,thus when the businessman as the drawee is unable to pay up his debts because of ill-managed and so on,the holder of bill exchange can t realize the forward right of proceeding.
但是我国新颁布的《破产法》仍然没有赋予商自然人以破产主体资格,这样势必造成商自然人作为汇票付款人,当其因经营不善等原因导致无力偿还到期债务时,汇票持票人期前追索权的行使遭遇阻碍的后果。
On the Acceptance of Ability of Bankruptcy of Businessman and the Realization of Forward Right of Proceeding of Holder of Bill Exchange;
商自然人破产能力之承认与汇票持票人期前追索权的实现
Sight: The drawee sees te draft when it is presented.
见票汇票被提示时受票人看到汇票叫见票。
On receiving a bill of exchange presented for acceptance by the holder, the drawee shall write out a receipt to the holder.
付款人收到持票人提示承兑的汇票时，应当向持票人签发收到汇票的回单。
check receipted by the holder
经执票人付款的汇票
uttering other people's drafts, cashier's checks, checks;
冒用他人的汇票、本票、支票的;
"A holder in due course is a holder who has taken a bill, complete and regular on the face of it, under the following conditions,"
凡在收受汇票时该票票面各项完备而正确及符合下列条件者，该持有人即为适时执票人
Article 40 Where a bill is payable during a fixed period after presentation， the bearer shall present the bill to the payer for acceptance within one month of the date of issue.
第四十条见票后定期付款的汇票，持票人应当自出票日起一个月内向付款人提示承兑。
"An indorsement in blank specifies no indorsee, and a bill so indorsed ecomes payable to bearer."
无记名背书并不书明被背书人，以此方式背书之汇票，应成为以持票人为收款人之汇票。
Article 27 A holder may transfer his rights on the bill of exchange to another person or authorize another to exercise certain part of the rights on the bill.
第二十七条持票人可以将汇票权利转让给他人或者将一定的汇票权利授予他人行使。
"Where the payee is a fictitious or non-existing person, the bill may be treated as payable to bearer."
若收款人为虚构或不存在之人，则该汇票得视为以持票人为收款人。
One who signs a time draft or bill of exchange.
承兑人在定期汇票或汇票上签字的人
"These include person checks, traveler's checks, cashier's checks money orders, bank drafts and Credit card receipts from sales."
它们包括个人支票、旅行支票、本票、汇票、银行汇票、信用卡销售收据。
Article55 The holder shall receipt the bill and surrender it to the drawee when he receives payment.
第五十五条持票人获得付款的，应当在汇票上签收，并将汇票交给付款人。
We hereby agree with the drawers, endorsers and bona fide holders of drafts.
我行在此向汇票的出票人，背书人及合法持有人表示同意。
The cheque is payable to bearer
向持票人付款的支票
This cheque is payable to the bearer, ie to the person who presents it at a bank.
本支票可兑付给持票人.
a check payable to the bearer
应付给持票人的支票
A bill payable to bearer is negotiated by delivery.
以持票人为收款人之汇票，凭交付而构成流通转让。