Question

    The making, acceptance or indorsement of a promissory note, bill of exchange or cheque is completed by_______________

    A Delivery Correct Answer Incorrect Answer
    B Passing Correct Answer Incorrect Answer
    C Delivery, actual or constructive Correct Answer Incorrect Answer
    D Delivery, actual & constructive Correct Answer Incorrect Answer

    Solution

    Negotiable Instruments Act- Section 46. Delivery—The making, acceptance or indorsement of a promissory note, bill of exchange or cheque is completed by delivery, actual or constructive.

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