Hakim drafted a negotiable instrument and delivered it to Omega Ltd in payment of a debt.Before Omega actually received a monetary benefit,the instrument was formally accepted by another party.The instrument may be
A) a postdated cheque.
B) a cheque or a promissory note.
C) a cheque that was drawn on an overdrawn account.
D) a cheque for which the drawee bank placed an appropriate amount into a suspense account.
E) a bill of exchange that is payable on demand.
Correct Answer:
Verified
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