Section 106 of the Negotiable Instruments Act deals with:
Section 106 is headed "Reasonable time of giving notice of dishonour" and gives the next-post and next-day rules. Section 107 then deals with the time for transmitting…
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Section 106 of the Negotiable Instruments Act deals with:
Answer and explanation
Correct answer A
Section 106 is headed "Reasonable time of giving notice of dishonour" and gives the next-post and next-day rules. Section 107 then deals with the time for transmitting notice onward, s.105 with reasonable time generally, and s.94 with the mode of notice.
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