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Negotiable Instruments
Endorsement of a cheque is always
Written and registered
Written
Oral
All of the above
Author:
rikazzz
Comment
Negotiable Instruments
Payee has to give his identification to bank for receiving the amount the amount of
Bearer cheque
Order cheque
Crossed cheque
Blank cheque
Author:
rikazzz
Comment
Negotiable Instruments
Cheque is always crossed by
Drawee
All of the above
Drawer
Holder
Author:
rikazzz
Comment
Negotiable Instruments
Credit instrument drawn by one bank on another bank is called
Cheque
Bills of exchange
Bank draft
Treasury
Author:
rikazzz
Comment
Negotiable Instruments
Crossing makes the cheque
Safe
Acceptable
Unself
Unacceptable
Author:
rikazzz
Comment
Negotiable Instruments
In case of negotiable instruments,the rights can
Be transferred
Be conditionally transferred
Not be transferred
All of the above
Author:
rikazzz
Comment
Negotiable Instruments
A cheque which can be cashed by its holder
Order
Plain
Bearer
Crossed
Author:
rikazzz
Comment
Negotiable Instruments
Drawee of bills of exchange is a person
In whose favour the bill is transferred
Who receives the amount of bill
Who accepts the bill
On whom the bill is drawn
Author:
rikazzz
Comment
Negotiable Instruments
Main parties of promissory note are
Four
One
Three
Two
Author:
rikazzz
Comment
Negotiable Instruments
Endorsee of cheque is a person
Who receives the amount of cheque
On whom the cheque is drawn
In whose favour the rights of cheque are transferred
Who draws a cheque
Author:
rikazzz
Comment
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