Selected Cases by Article & Issues
(1) Payment may be made in any form used in the ordinary course of business at the place for payment.
(2) However, an obligee who accepts, either by virtue of paragraph (1) or voluntarily, a cheque, any other order to pay or a promise to pay, is presumed to do so only on condition that it will be honoured.
|1||Payment to be made in any form usual at place of payment|
|2||Payment by an instrument to be honoured by another person||1|
|2.1||Implied condition that instrument will be honoured||1|