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    Question

    Which section of Negotiable Instrument Act deals with

    ‘payment in due course’?
    A section 9 Correct Answer Incorrect Answer
    B section 10 Correct Answer Incorrect Answer
    C section 25 Correct Answer Incorrect Answer
    D section 36 Correct Answer Incorrect Answer

    Solution

    Section 10 - “Payment in due course” means payment in accordance with the apparent tenor of the instrument in good faith and without negligence to any person in possession thereof under circumstances which do not afford a reasonable ground for believing that he is not entitled to receive payment of the amount therein mentioned.

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