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Law · Q247

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 247

Q247

Under section 16 of the Negotiable Instrument Act, 'indorsement in blank' of an instrument means

A.
Where the indorser does not write anything on the instrument
B.
Where the indorser signs his name only on the instrument
Answer
C.
Where the indorser writes the name of the person who is directed to pay
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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