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    Question

    As per the Negotiable Instruments Act if the amount

    undertaken or ordered to be paid is stated differently in figures and in words______________
    A The instrument shall be considered to not have any legal effect Correct Answer Incorrect Answer
    B Amount stated in words shall be the amount undertaken or ordered to be paid Correct Answer Incorrect Answer
    C Amount stated in figures shall be the amount undertaken or ordered to be paid Correct Answer Incorrect Answer
    D The parties have a discretion to decide upon the same by mutual consent Correct Answer Incorrect Answer

    Solution

    Section 18. Where amount is stated differently in figures and wordsmdash;If the amount undertaken or ordered to be paid is stated differently in figures and in words, the amount stated in words shall be the amount undertaken or ordered to be paid.

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