πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      A negotiable instrument as per the Negotiable

      Instruments Act, 1881 includes:
      A A cheque, a share certificate, and a promissory note. Correct Answer Incorrect Answer
      B A bill of exchange, a promissory note, and a cheque. Correct Answer Incorrect Answer
      C A bill of lading, a cheque, and a hundi. Correct Answer Incorrect Answer
      D A fixed deposit receipt, a cheque, and a promissory note. Correct Answer Incorrect Answer
      E A treasury bill, a cheque, and a bond. Correct Answer Incorrect Answer

      Solution

      According to Section 13 of the Negotiable Instruments Act, 1881, a negotiable instrument means a promissory note, bill of exchange, or cheque payable either to order or to bearer

      Practice Next
      ask-question