Negotiable Instruments Act - Study Mode

[#221] Which Section of the Negotiable Instruments Act defines "Negotiable Instruments"
Correct Answer

(D) Section 13

[#222] If an instrument may be construed either as a promissory note or bill of exchange, it is
Correct Answer

(B) An ambiguous instrument

[#223] Dishonour of cheque for insufficiency of funds etc. in the account related to
Correct Answer

(B) Section 138 of Negotiable Instruments Act

[#224] For the purpose of Section 141 of The Negotiable Instruments Act, 1881 'company' means:
Correct Answer

(D) All of the above

[#225] To constitute an offence under Section 138, Negotiable Instruments Act, within how many days the cheque should be presented to the bank from the date on which it is drawn?
Correct Answer

(C) 3 months