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      Question

      Which of the following is NOT a correct feature of a

      negotiable instrument according to the Negotiable Instruments Act, 1881?
      A It can be oral or in writing. Correct Answer Incorrect Answer
      B There must be a promise or order to pay. Correct Answer Incorrect Answer
      C It must call for payment in money and money only. Correct Answer Incorrect Answer
      D It should be signed by the maker or drawer. Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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