Under the Negotiable Instruments Act, 1881, the number of days of grace allowed is:
Section 22 of the Negotiable Instruments Act, 1881 fixes maturity, for such instruments, on the third day after the day on which they are expressed to be payable, giving…
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Under the Negotiable Instruments Act, 1881, the number of days of grace allowed is:
Answer and explanation
Correct answer C
Section 22 of the Negotiable Instruments Act, 1881 fixes maturity, for such instruments, on the third day after the day on which they are expressed to be payable, giving three days of grace.
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