Calendar: 1878-1879 Page 661

LECTURES ON CREDIT AND BANKING 659 bill discounter discounts tradesman's three months' bill at one shilling in the pound what is his rate of profit per cent and per annum money lender discounts twelve months' bill at 60 per cent what is his profit Y'hat are the two meanings of the term Value of Money in commerce 10 What is the Mint Price of Bullion What is the present Mint Price cf Gold Suppose that the Mint Price of Gold were altered to £4 10s per ounce what would that mean 11 What is the "Market Price" of Bullion The Mint Price of Silver Bullion being 5s 2d per ounce suppose that the Market Price was 7s per ounce what would that prove 12 Define an "Obligation Of what parts does it consist What are their names 13 father's age is 58 and his son's 18 when was the father three times as old as his son Solve this equation explain the meaning of the answer and shew its application in the Theory of Credit 14 What is meant by saying that if Money is Positive'' Capital Credit is Negative Capital 15 What is meant by saying that Debts are "Negative" Quantities 16 What is meant by saying that Debts are Goods and Chattels" 17 The Release of Debt is the same thing as Payment in Money Explain this and give instances 18 How does Payment in Money extinguish Debt 19 What is Novation" Give instances 20 What is "Compensation Give instances 21 What is the meaning of the word "Bank" To what office was it first applied 22 Define Banker What is the legal relation between Banker and Customer What is the legal contract between Banker and Customer Τ Τ