Correct option is A
As per the Negotiable Instruments Act, when a negotiable instrument is transferred to another person and they become the holder, it is said to be "negotiated."
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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:
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EnglishSimilar Questions
- 1)Which of the following activities cannot be considered as relating to social responsibility under Section 135 of the Companies Act, 2013?
- 2)Every offence punishable under Section 147 of the Negotiable Instruments Act, 1881 is:
- 3)The principle ‘Restitution stops where repayment begins’ can be applied against:
- 4)A wife has an implied authority of the husband to buy articles of household necessity:
- 5)Which of the following is incorrect regarding the meaning of ‘merchantable quality of goods’?
- 6)The communication of an acceptance is complete as against the proposer:
- 7)In which one of the following cases it has been held that Section 9 of Civil Procedure Code, 1973, which enables a civil court to try all suits of civil nature, impliedly confers jurisdiction to apply the law of torts as principles of justice, equity, and good conscience?
- 8)Which one of the following cannot be treated as delivery under the Sale of Goods Act, 1930?
- 9)Match the following:
Choose the correct option:(A) Fisher v Bell
[i] Privity of contract
(B) Harvey v Facey
[ii] Minor contract is void
(C) Mohiri Bibi v Dharmodas Ghosh
[iii] Invitation to treat
(D) Dunlop Tyre v Selfridge & Co.
[iv] Quotation of prices
- 10)
A valid contract can be entered into between parties under the Indian Contract Act. Which of the following gives legal recognition to such a contract?
(A) Section 10-A of Information Technology Act
(B) Section 65-B of Indian Evidence Act
(C) Section 1(4) of Information Technology Act
(D) Section 63 of Indian Evidence Act
Choose the correct option:
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