As per the provisions of section 26 of the Negotiable Instruments Act:
s.26 NI Act provides that "A minor may draw instrument so as to bind all parties except himself", and likewise a minor may indorse, deliver and negotiate an instrument with…
Choose your answer
As per the provisions of section 26 of the Negotiable Instruments Act:
Answer and explanation
Correct answer C
s.26 NI Act provides that "A minor may draw instrument so as to bind all parties except himself", and likewise a minor may indorse, deliver and negotiate an instrument with the same effect.
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