In equity jurisprudence, commercial honor is a fundamental principle where parties must accept terms exactly as presented without variance; conditional acceptance that requires changes is considered dishonorable, which can result in the draft being treated as dishonored and the party facing legal consequences, while maintaining honor allows one to become the true secured party and shift the burden of proof to the other party.
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The Power of Commercial Honor | Equity JurisprudenceAdded:
your acceptance terms vary from the terms of the draft or the thing that they're presenting you with. Then the holder, which is the person that that uh you're you're returning everything to, the person that you're sending your filings to, the government or the court, whatever, they may refuse the acceptance and treat the draft as dishonored and and call you a a dishonorable person. In that case, the draw uh may cancel the acceptance. That's just saying you can you can try to come back out of it and do it a better way. So, it's saying that there cannot be any variance in what you are accepting and returning back to them. Uh so conditional acceptance is saying essentially well I'll accept this but you need to change this and and and they're actually um able to to claim that that is dishonorable. In in commercial matters there is only honor and dishonor. And if you're in dishonor then you're you're basically going to be there under a general appearance like I mentioned where all the aspects of the case will apply to you. When you're in honor, then you you put the onus back upon them to to settle the claims of them. And we walk you through everything in the UCCC and the bills of exchange acts uh through in our courses which can describe that entire process to you. You must be an honor. When you're in honor, you actually flip the tables on them and you become the true secured party, not a secured party creditor, but just the the true secured party and uh flip the tables on them and and uh require them to follow their own law and dismiss the matter. You are going to eat the fruit of whatever you speak and whatever you do. And the words that we choose uh open the gates to the experiences that we endure through the spiritual and the physical realm. So if you want to open the door that just being that leads being left the heck alone then you must speak and do the things that result in being left alone. Uh if you want to argue and fight then you're going to experience a battlefield every day. So of course you have the the book of proverbs very famous proverb death and life are in the power of the tongue and they that love it shall eat the fruit thereof. Book of Matthew confirms this.
For by thy by thy words thou shalt be justified and by thy words thou shalt be condemned.
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