Question
Which of the following is not treated as 'promissory
note' as per Section 4 of the Negotiable Instrument Act, 1881? A signed the instrument in following termsSolution
Option 3 is not a promissory note as definite sum is not mentioned. According to Section 4, a promissory note is: ·        An instrument (not being bank note or currency note) in writing ·        Containing an unconditional undertaking ·        Signed by the maker ·        To pay a certain sum of money only to or to the order of , a certain person , or to the bearer of the instrument. Ex- I promise to pay B or order Rs 500.
Match Column I and Column II and choose the correct match from the given choices
Choose the combination that completes the sentence.
Match Column I and Column II and choose the correct match from the given choice
Column (1)
In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m...
In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m...
Column (1)
(A)Schools have already started to reach out to p...
In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m...
