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The Early History of the Law of Bills and Notes
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  • Cited by 13
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    Finn, Margot Lobban, Michael and Taylor, Jenny Bourne 2010. Legitimacy and Illegitimacy in Nineteenth-Century Law, Literature and History.

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    Knafo, Samuel 2008. The state and the rise of speculative finance in England. Economy and Society, Vol. 37, Issue. 2, p. 172.

    LAURENCE, ANNE 2008. The emergence of a private clientele for banks in the early eighteenth century: Hoare's Bank and some women customers1. The Economic History Review, Vol. 61, Issue. 3, p. 565.

    Morgan, Kenneth 2005. Remittance Procedures in the Eighteenth-Century British Slave Trade. Business History Review, Vol. 79, Issue. 04, p. 715.

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Book description

This study traces the history of the law of bills and notes in England from medieval times to the period in the late eighteenth and early nineteenth centuries when bills played a central role in the domestic and international financial system. It challenges the traditional theory that English commercial law developed by incorporation of the concept of negotiability and other rules from an ancient body of customary law known as the law merchant. Rogers shows that the law of bills was developed within the common law system itself, in response to changing economic and business practices. This account draws on economic and business history to explain how bills were actually used and to examine the relationship between the law of bills and economic and social controversies.


‘This is a thoroughly absorbing and consistently illuminating book’.

Henry Roseveare Source: Business History

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