Q206
The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to
A.
The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof
AnswerB.
The payment by a bank on a negotiable instrument after due verification of the instrument
C.
The bargaining between the parties to a negotiable instrument
D.
All of the above
Answer: Option A
Solution
Answer: Option A
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