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      Question

      The term negotiable instrument is defined in the

      Negotiable Instruments Act 1881, under
      A Section 10 Correct Answer Incorrect Answer
      B Section 12 Correct Answer Incorrect Answer
      C Section 13 Correct Answer Incorrect Answer
      D Section 15 Correct Answer Incorrect Answer

      Solution

      “Negotiable instrument”- (1) A “negotiable instrument” means a promissory note, bill of exchange or cheque payable either to order or to bearer.

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