Which of the following is not included in the meaning of the Negotiable Instrument ?
A share certificate is not a negotiable instrument within Section 13 of the Negotiable Instruments Act, 1881. That provision recognises promissory notes, bills of exchange…
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Which of the following is not included in the meaning of the Negotiable Instrument ?
Answer and explanation
Correct answer C
A share certificate is not a negotiable instrument within Section 13 of the Negotiable Instruments Act, 1881. That provision recognises promissory notes, bills of exchange and cheques payable either to order or to bearer.
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