Question
As per the Negotiable Instrument Act in a promissory
note or bill of exchange the expressions “at sight” and “on presentment” means_____________Solution
Section 21 Negotiable Instrument Act: At sight, On presentment, After sight—In a promissory note or bill of exchange the expressions “at sight” and “on presentment” means on demand. The expression “after sight” means, in a promissory note, after presentment for sight, and, in a bill of exchange after acceptance, or noting for non-acceptance, or protest for non-acceptance.
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