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Law · Q174

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 174

Q174

To whom of the following, payment of the amount due on a promissory note, bill of exchange or cheque must be made in order to discharge the maker or acceptor

A.
Holder of the instrument
Answer
B.
Indorser of the instrument
C.
Indorsee of the instrument
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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