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Excerpt from Green's Encyclopedia of the Law of Scotland, Vol. 9: Negligence to Prescription In England it is, further, a distinguishing characteristic of a negotiable instrument that the holder of it may sue on it in his own name, whereas the general rule, when a chose in action is assigned, is that the assignee must sue, not in his own name, but in the name of the person to whom the obligation was originally undertaken. In Scotland, however, the assignee of any debt may have a right to sue in his own name; and, accordingly, the fact that the transferee of a document of debt can sue in his own name affords, in Scots law, no criterion for determining whether the document is negotiable or merely assignable. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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