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Law · Q38

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 38

Q38

The date of maturity of a bill payable hundred days after sight and which is presented for sight on 4th May, 2017, is (as per the provisions of the Negotiable Instruments Act, 1881):

A.
13th August, 2017
B.
14th August, 2017
Answer
C.
15th August, 2017
D.
16th August, 2017

Answer: Option B

Solution

Answer: Option B
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