Once a bearer instrument always a bearer instrument is true in case of

Related MCQs

• An order instrument can be made payable to the bearer by making
• A customer requests for issue of a bearer demand draft. The banker should
• Quasi Negotiable Instrument is accepted like Negotiable Instrument because of
• …………..is always drawn on a specified banker.
• 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….
• A mandate may continue to be operative even in the case of—
• A bill should be presented for acceptance in case of insolvency of a drawee to