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      Question

      As per Negotiable Instrument Act, the term negotiable

      means
      A Negotiable instrument Correct Answer Incorrect Answer
      B Transferrable Correct Answer Incorrect Answer
      C Bargaining Correct Answer Incorrect Answer
      D Endorsement Correct Answer Incorrect Answer

      Solution

      Section 14 - Negotiation—When a promissory note, bill of exchange or cheque is transferred to any person,  so as to constitute that person the holder thereof, the instrument is said to be negotiated.

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