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Under the Negotiable Instruments Act, 1881, in the crossing of a cheque the words "not negotiable" may:

Sections 123 and 124 recognise a general or special crossing "either with or without the words 'not negotiable'", so the words are optional. Section 125 also lets the holder…

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Under the Negotiable Instruments Act, 1881, in the crossing of a cheque the words "not negotiable" may:

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Correct answer C

Sections 123 and 124 recognise a general or special crossing "either with or without the words 'not negotiable'", so the words are optional. Section 125 also lets the holder add them to a crossed cheque, and they may go with a general as well as a special crossing.

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