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Law · Q77

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 77

Q77

The indorsement of a negotiable instrument followed by delivery

A.
Transfers to the indorsee the property in the bill, provided the indorsement must be an indorsement in full
B.
Does not transfer the property in the bill to anyone
C.
Transfers to the indorsee the property in the bill
Answer
D.
Transfers to the holder the property in bill

Answer: Option C

Solution

Answer: Option C
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