Section 134 of the Negotiable Instruments Act deals with:
Section 134 of the Negotiable Instruments Act applies "in the absence of a contract to the contrary": the maker’s or drawer’s liability follows the law where he made the…
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Section 134 of the Negotiable Instruments Act deals with:
Answer and explanation
Correct answer A
Section 134 of the Negotiable Instruments Act applies "in the absence of a contract to the contrary": the maker’s or drawer’s liability follows the law where he made the foreign instrument, while the acceptor’s and indorser’s follows its payment place. Protest of foreign bills is governed separately by Section 104, and inland instruments are defined in Section 11.
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