acceptor

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ACCEPTOR, contracts. The person who agrees to pay a bill of exchange drawn upon him. There cannot be two separate acceptors of a bill of exchange, e. g. an acceptance by the drawee, and another for the honor of some party to the bill. Jackson v. Hudson, 2 Campb. N. P. C. 447.
     2. The acceptor of a bill is the principal debtor, and the drawer the surety. He is bound, though he accepted without consideration, and for the sole accommodation of the drawer. By his acceptance he admits the drawer's handwriting, for, before acceptance it was incumbent upon him to inquire into the genuineness of the drawer's handwriting. 3 Burr. 1354; 1 Bla. Rep. 390, S. C.; 4 Dall. 234; 1 Binn. 27, S. C. When once made, the obligation of the acceptor is irrevocable. As to what amounts to an acceptance, see ante, Acceptance; Chitty on Bills, 242, et. seq.; 3 Kent, Com. 55, 6; Pothier, Traite du Contrat de Change, premiere part. n. 44.
     3. The liability of the acceptor cannot in general be released or discharged, otherwise than by payment, or by express release or waiver, or by the act of limitations. Dougl. R. 247. What amounts to a waiver and discharge of the acceptor's liability, must depend on the circumstances of each particular case. Dougl. 236, 248; Bayl. on Bills, 90; Chitty on Bills, 249.

References in periodicals archive ?
In this work, we have fixed the unit donor (carbazole--thiophene bridged -base), change the n groups (Xi), and then add the acceptor chromophore.
Both MS3 and TY3 are typical D-[pi]-A structures; the donor and the n-bridge are the amino donor and the acetylene bridge, and the acceptor is benzoic acid.
The number of new and continuing acceptors of contraceptive method accessed at all health facilities in Volta Region increased over the years.
Codoping of Donors and Acceptors. Performing ab initio electronic band structure calculations, Yamamoto and Katayama-Yoshida [39] showed that substitutional N-doping alone increases the Madelung energy resulting in localization of N states.
These studies showed both efficient energy transfers from the donor to the acceptor, as well as spatial confinement of the excitons in the acceptor polymers [10].
7, but (B) is present, where some doping elements of the central sheet are displaced by one atomic layer (distance [a.sub.D]), then a series of new pairing chances between donors and acceptors occurs.
RQ1: Are there demographic differences between handbill acceptors and nonacceptors?
The efficiency of the government acceptors and certifiers increases and the prompt pay penalties decrease.
In May 2003, LeJeune was looking for a new job and was interviewed by Mars Electronics, Coin Acceptors' primary competitor.
Other acceptors include Kevin Ryan (Iskander, Lady Sunset and Mirasol Princess), James Given (Four Amigos, Fishlake Flyer), Karl Burke (A Little Bit Yarie, Orpenberry), Rod Millman (La Vie Est Belle, Cop Hill Lad), and Nick Littmoden (Peruvian Style, Docklands Baby Girl).
Other British acceptors for the French 12-furlong feature are Illustrator, trained by Sir Michael Stoute, John Gosden's Ikhtyar and Godolphin's Lateen Sails.
Dalakhani, the Aga Khan's unbeaten dual Group One winner, is one of 24 remaining acceptors left in the Prix du Jockey Club (French Derby) at Chantilly on Sunday.