The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to
A) The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof
B) The payment by a bank on a negotiable instrument after due verification of the instrument
C) The bargaining between the parties to a negotiable instrument
D) All of the above.
Correct Answer:
Verified
Q15: Memorandum of association governs the relationship of
Q16: The association clause of a public company
Q17: Quorum should be present at the
A)Commencement of
Q18: Total managerial remuneration cannot exceed _% of
Q19: When a private company is converted into
Q20: The undertaking contained in a promissory note,
Q21: A bill of exchange contains a/an
A)Unconditional undertaking
B)Unconditional
Q22: Cheque is a
A)Promissory note
B)Bill of exchange
C)Both (a)
Q24: If an instrument may be construed either
Q25: When an endorser willing to transfer to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents