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    Question

    Which of the following is not a negotiable instrument?

    A Cheque Correct Answer Incorrect Answer
    B Pronote Correct Answer Incorrect Answer
    C Hundi Correct Answer Incorrect Answer
    D Bill of Exchange Correct Answer Incorrect Answer

    Solution

    Section 13 of Negotiable Instrument Act, 1881 defines - A тАЬnegotiable instrumentтАЭ means a promissory note, bill of exchange or cheque payable either to order or to bearer.

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