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      Question

      Formal Certificate of dishonor issued by the Notary

      Public to the holder of Bill or Note on his demand, is called as:
      A Endorsement Correct Answer Incorrect Answer
      B Indorsement Correct Answer Incorrect Answer
      C Protest Correct Answer Incorrect Answer
      D Noting Correct Answer Incorrect Answer

      Solution

      Noting- When a note or a bill has been dishonoured by non-acceptance or non-payment, the holder causes such dishonour to be noted by a Notary Public. Noting is a minute recorded by a notary public on the dishonoured instrument Protest- When an instrument is dishonoured, the holder may cause the fact not only to be noted, but also to be certified by a Notary Public that the bill has been dishonoured. Such a certificate is referred to as a protest.

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