An order instrument can be made payable to the bearer by making

Related MCQs

• Once a bearer instrument always a bearer instrument is true in case of
• A customer requests for issue of a bearer demand draft. The banker should
• Quasi Negotiable Instrument is accepted like Negotiable Instrument because of
• Section 85(1) of the Negotiable Instrument Act 1881 provides protection to the paying banker in respect of
• The endorser will not liable to the holder on dishonor of a negotiable instrument if he makes
• ……are treated as negotiable instrument by usage or custom of trade.
• The endorser will not liable to the holder on dishonor of a negotiable instrument if he makes….
• Pay order is issued by the banks for
• Pay order is issued by the banks for
• Nationalised Banks have been permitted to offer their equity shares to the public to the extent of 49% of their capital as per amendments made in 1994 in