The person named in the instrument to whom the money is directed to be paid is called:
Section 7 of the Negotiable Instruments Act, 1881 calls the person named in the instrument, to whom or to whose order the money is directed to be paid, the payee.
Choose your answer
The person named in the instrument to whom the money is directed to be paid is called:
Answer and explanation
Correct answer C
Section 7 of the Negotiable Instruments Act, 1881 calls the person named in the instrument, to whom or to whose order the money is directed to be paid, the payee.
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