4 Different Types of Bills in all Different Contexts
20/7/18 4 Different Types of Bills in all Different Contexts
1. Bill of Attainder
2. Bill of Exchange
An unconditional written order from one person (the maker or drawer) to another person (the payor) to pay a specified sum of money to a designated person (the payee). It is the same as a draft. A bill of exchange drawn on a bank account is a “check.”
3. Bill of Lading
A document of title for goods being shipped that demonstrates the holder has a right to transport the goods. It also acts as a receipt to the shipper of goods from the carrier (trucking company, railroad, ship, or air freighter) as well as a contract providing the terms of transport.
4. Bill of Particulars
A document, written by a plaintiff or prosecutor at the request of a defendant in a civil or criminal action, that sets out detailed information about the claims or charges being brought against the defendant.Knowing these particulars, the defendant is able to mount a defense.
In our next e-Legal Lesson, we’ll talk about the Bill of Rights.