Q69
Which among the following is not true with respect to negotiable instruments?
A.
There must be an unconditional order or promise for payment
B.
A cheque cannot be considered as a bill of exchange
AnswerC.
If the time of payment is linked to the death of a person, it is nevertheless a negotiable instrument
D.
It is freely transferable and delivery of the instrument is essential
Answer: Option B
Solution
Answer: Option B
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