Question
An Inchoate Instrument is:
Solution
An incomplete instrument is called an inchoate instrument. Section 20 of the Negotiable Instruments Act provides that when one person signs and delivers to another a paper stamped in accordance with the law relating to negotiable instruments then in force in India and either wholly blank or having written thereon an incomplete negotiable instrument, he thereby give prima facie authority to the holder thereof to maker to complete, as the case may be, upon it a negotiable instrument for an amount specified therein and not exceeding the amount covered by the stamp. The person so signing shall be liable upon such instrument in the capacity in which he signed the same, to any holder in due course for such amount.
Select the Venn diagram that best illustrates the relationship between the following classes.
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Select the number from among the given options that can replace the question mark (?) in the following series.
612 615 621 630 642 ?
Read the given statement and conclusions carefully. Assuming that the information given in the statement is true, decide which of the given conclusions ...
What should come in place of '?' in the given series?
10 59 353 ? 12701 76205 457229
The position of how many letters will remain unchanged if each of the letter in the word 'POCKET' is arranged in alphabetical order?
Select the Venn diagram that best represents the relationship between the following classes.
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If the sign ‘×’ is interchanged with ‘÷’ and ‘–’ is interchanged with ‘+’, then what will be the value of the expression below?
...Which of the following numbers will replace the question mark(?) in the given series?
7, 14, 21, 28, 35, 42, 49,?
If the signs – and + are interchanged, then which of the following equations would be correct?
