The law with regard to time for the presentation of a Promissory Note payable on demand, requires that the presentation for payment be made within a reasonable time – that is, a period reasonable with reference to the circumstances
connected with each particular case.
Citations:
[1871] EngR 6, (1871) 7 Moo PC NS 1, (1871) 17 ER 213
Links:
Jurisdiction:
England and Wales
Banking
Updated: 18 May 2022; Ref: scu.280187