Negotiation-back implies
A) return of the instrument back of he person who indorsed it earlier
B) the endorser does not want the instrument to be indorsed back to him
C) the endorser does not want the endorsee to incur any expenses on endorser's account
D) none of the above
Correct Answer:
Verified
Q15: Under Section 17 of the Banking Regulation
Q16: After a customer has closed the account_
A)the
Q17: ………….is a new scheme of deposit mobilization
Q18: A mandate may continue to be operative
Q19: ….........is a document issued by the bank
Q20: A bill should be presented for acceptance
Q21: An order instrument can be made payable
Q22: The endorser will not liable to the
Q24: Once a bearer instrument always a bearer
Q25: ……are treated as negotiable instrument by usage
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