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Law · Q2

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 2

Q2

In the case of a promissory note which is not negotiable

A.
Notice of dishonour is compulsory
B.
No notice of dishonour is necessary
Answer
C.
Negotiable Instruments Act is silent on this aspect
D.
Indorsement is necessary

Answer: Option B

Solution

Answer: Option B
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