If a Minor draw, indorse, deliver and negotiate Negotiable Instruments, it binds __

Related MCQs

• Which of the following is/are true about the Negotiable Instruments Act, the Promissory Note is … A) Definition of Promissory Note is given in section 8 of the Negotiable Instrument Act B) Containing an unconditional undertaking C) To pay a certain sum of money only to a specific person or the bearer D) The seller is bound to accept the promissory note E) A document was written and signed by the payer/maker
• The following one is a negotiable instrument, negotiable by usage or custom
• Dishonour of Negotiable Instrument by Non Payment is covered under section in Negotiable Instrument Act 1882…
• In India, the law regulating the Negotiable instruments are
• In Negotiable Instruments Act 1881, which section defines promissory note?
• Section 6 of the Negotiable Instruments Act defines ___.
• Which of the following section in the Negotiable Instruments Act deals with the Bill of Exchange?
• Which of the followings are not the Negotiable Instruments as defined by the Statute…
• The Negotiable Instruments (Amendment) Bill, 2017 inserted a provision allowing a court trying an offence related to cheque bouncing, to direct the drawer (person who writes the cheque) to pay interim compensation to the complainant. The interim compensation will not exceed ___% of the cheque amount?
• Section 45 of the Negotiable instruments Act, has imposed upon the banker the obligation to honour customers cheques.