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Law · Q123

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 123

Q123

Under Section 23 of Negotiable Instruments Act, a promissory note or bill of exchange, dated 31st August, 2018 is made payable three months after date. The instrument is at maturity of the . . . . . . . . ?

A.
30th November, 2018
B.
31st November, 2018
C.
1st December, 2018
D.
3rd December, 2018
Answer

Answer: Option D

Solution

Answer: Option D
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