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A negotiable instrument is a commercial document in writing that contains an order for payment of money either on demand or after a certain time. There are of three types of Negotiable Instrument as per Negotiable Instruments Act, 1881: I. Bills of exchange II. Promissory notes III. Cheques Currency is a legal tender, guaranteed by the government to transfer value but the Negotiable Instruments have following characteristics. · It is written document signed and stamped by the maker/drawer. · It has a specific payee to whom the value is transferable. · Negotiable Instruments requires acceptance and endorsement.
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The most used semiconductor material is _________
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