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Section 122 of the Negotiable Instruments Act applies to:

Section 122 applies to an indorser of a negotiable instrument, not to the drawer, maker, or a bank officer as such.

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Section 122 of the Negotiable Instruments Act applies to:

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Correct answer B

Section 122 applies to an indorser of a negotiable instrument, not to the drawer, maker, or a bank officer as such.

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