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Negotiable Instruments
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Negotiable Instruments
Retirement of bill means
Protesting of bill
Payment of bill before due date
Dishonouring of bill due to non-acceptance
Dishonouring of bill due to non-payment
Author:
rikazzz
Comment
Negotiable Instruments
Crossing which contains the name of a particular bank is called
Regular crossing
General crossing
Special crossing
Irregular crossing
Author:
rikazzz
Comment
Negotiable Instruments
Term dishonouring of cheque is used when
Bank give cheque to clearing
Bank stops the payment
Bank refuses to pay
Bank delay the payment
Author:
rikazzz
Comment
Negotiable Instruments
Person who received the amount of cheque from bank is called
All of the above
Drawee
Endorsee
Payee
Author:
rikazzz
Comment
Negotiable Instruments
The name of a person is written on cheque as
Drawer
Payee
Drawee
None of the above
Author:
rikazzz
Comment
Negotiable Instruments
Bills of exchange is
A promise to pay
A request to pay
All of the above
An order to pay
Author:
rikazzz
Comment
Negotiable Instruments
The bills of exchange which is paid after the expiry of fixed period of time called
Sight bill
All of the above
Accommodation bill
Time bill
Author:
rikazzz
Comment
Negotiable Instruments
Crossing of cheque is cancelled by
Holder
Drawer
All of the above
Drawee
Author:
rikazzz
Comment
Negotiable Instruments
If drawer of cheque is a payee himself then what word is written after the word pay
Bearer
Self
None of the above
Order
Author:
rikazzz
Comment
Negotiable Instruments
Cheque signed by drawer without filling is called
Traverlle’s cheque
Bank
Plain
Open
Author:
rikazzz
Comment
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