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    Question

    As per Negotiable Instrument Act, the term negotiable means

    A Money Correct Answer Incorrect Answer
    B Bargaining Correct Answer Incorrect Answer
    C Transferrable Correct Answer Incorrect Answer
    D Negotiable instrument Correct Answer Incorrect Answer

    Solution

    Section 14 - Negotiation—When a promissory note, bill of exchange or cheque is transferred to any person, so as to constitute that person the holder thereof, the instrument is said to be negotiated.

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