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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