Question

Under Negotiable Instrument Act 1881, a negotiable instrument may be negotiated.

Q: Answer-Under Negotiable Instrument Act 1881, a negotiable instrument may be negotiated.

Section 60 - A negotiable instrument may be negotiated except by the maker, drawee or acceptor after maturity until payment or satisfaction thereof by the maker, drawee or acceptor at or after maturity, but not after such payment or satisfaction.

A Until payment

B Until satisfaction

C Until payment or satisfaction

D After payment or satisfaction

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Under Negotiable Instrument Act 1881, a negotiable instrument may be negotiated.

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