Question

If a minor draws, indorses, delivers or negotiates an instrument, such instrument binds

A All parties to the instrument including the minor Correct Answer Incorrect Answer
B Only the minor and not other parties to the instrument Correct Answer Incorrect Answer
C All parties to the instrument except the minor Correct Answer Incorrect Answer
D Neither the minor nor the other parties to instrument Correct Answer Incorrect Answer

Solution

Section 26 of NI Act says a minor may draw, indorse, deliver and negotiate such instrument so as to bind all parties except himself.

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