Where a cheque payable to order purports to be endorsed by or on behalf of the payee, the _________ is discharged by payment in due course
As per Section 85 of NI Act S. 85. Cheque payable to order.— (1) Where a cheque payable to order purports to be indorsed by or on behalf of the payee, the drawee is discharged by payment in due course. (2) Where a cheque is originally expressed to be payable to bearer, the drawee is discharged by payment in due course to the bearer thereof, notwithstanding any indorsement whether in full or in blank appearing thereon, and notwithstanding that any such indorsement purports to restrict or exclude further negotiation.
Select the most appropriate ANTONYM of the bold word.
The new Principal of the school is stern , yet he understands the needs of his subordinate...
FALLACY
Choose the word opposite in meaning to the given word.
Fidelity
14. Malevolent
...Choose the correct ANTONYM for the given word.
IGNORANT
Select the most appropriate option to substitute the bold segment in the given sentence.
Purchasing furniture at a low cost could not invo...
Jovial - Seema is one of the most 'jovial' persons I have ever met.
Give the baby a good diet
A) Tantamount B) Natural C) Serious D) Equal
Select the most appropriate antonym of the given word.
Authentic