[§12.] When do notes payable on demand, or in which no time of payment is mentioned, become due and suable? Notes payable at sight, or after sight? If the words "with interest" are omitted, when does interest commence? If payable on demand, when?
[§13.] What are days of grace? How do they affect a note?
[§14.] To bind an indorser, when must payment be demanded?
[§15.] If payment is refused, how and when is the indorser to be notified?
[§16.] In case the maker's residence is unknown, how is payment to be demanded?
[§17.] State the effect of the different modes of guarantying notes.
[Chapter LXI.]
[§1.] What is a bill of exchange? Give a form.
[§2.] What are foreign bills of exchange? Inland?
[§3.] Give an example of its operation and effect?