Concepts Related to Negotiable Instruments

Here are some MCQs on Concepts Related to Negotiable Instruments 1. Which of the following is not a negotiable instrument? a) Cheque b) Promissory Note c) Bill of Exchange d) Demand Draft 2. Which parties are involved in a negotiable instrument? a) Payee and drawer b) Payee and drawee c) Drawer and drawee d) Payee … Read more

Various Negotiable Instruments

1. The payment made through a cheque is known as: a) Cash payment b) Online payment c) Electronic payment d) Cheque payment 2. Which of the following is not a negotiable instrument? a) Cheque b) Promissory note c) Bill of exchange d) Invoice 3. A promissory note is a written promise to: a) Lend money … Read more

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