According to Negotiable Instrument Act 1881 which of the-00729
According to Negotiable Instrument Act, 1881, which of the following refers to “an instrument in writing (not being a bank note or a currency note) containing unconditional undertaking, signed by the maker to pay on demand or at a fixed or determinable future time a certain sum of money only to or to the order of a certain person, or to the bearer of the instrument”?
This multiple choice question (MCQ) is related to the book/course vu bnk601 Banking Laws & Practices. It can also be found in vu bnk601 Lecture No.04 - Quiz No.1.
According to Negotiable Instrument Act, 1881, which of the following refers to “an instrument in writing (not being a bank note or a currency note) containing unconditional undertaking, signed by the maker to pay on demand or at a fixed or determinable future time a certain sum of money only to or to the order of a certain person, or to the bearer of the instrument”?
Promissory note
Bill of exchange
Cheque
Bearer debentures