McqMate
Sign In
Hamberger menu
McqMate
Sign in
Sign up
Home
Forum
Search
Ask a Question
Sign In
McqMate Copyright © 2026
→
Cost Accounting
→
Fundamentals of Law
→
Every instrument payable otherwise than ...
Q.
Every instrument payable otherwise than on demand is entitled to_____days of grace period
A.
2
B.
3
C.
4
D.
5
Answer» B. 3
2k
0
Do you find this helpful?
5
View all MCQs in
Fundamentals of Law
Discussion
No comments yet
Login to comment
Related MCQs
___________ days grace period is allowed for payment of a Cheque.
If a minor draws, endorses, delivers or negotiates an instrument, such instrument binds
Which of the following is not a Negotiable Instrument as per the Negotiable Instrument Act, 1881?
Under Section 118 of the Negotiable Instruments Act, 1881, it is presumed, until the contrary is proved, that every transfer of a negotiable instrument was made:
A, dealing in baby foods, sends samples by train for being exhibited at a Consumer Product’s Show which fact was made known to the railway company. The goods reached the destination after the show was over. A sued the railway company for damages. A will be entitled to
In a promissory note, the amount of money payable
A cheque is always payable on
When a cheque is payable across the counter of a bank it is called
When an Instrument is drawn conditionally or for a special purpose as a collateral security and not for the purpose of transferring property therein, it is called an
Inchoate instrument is