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Law · Q276

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 276

Q276

A bill is drawn payable to 'A' or order. 'A' indorses it to 'B', the indorsement not containing the words "or order" or any equivalent words. Can 'B' negotiate the instrument?

A.
Yes
Answer
B.
No
C.
Not always
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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