Examveda

A draws a bill on B. B accepts the bill without any consideration. The bill is transferred to C without consideration. C transferred it to D for value. Decide as per the provisions of the Negotiable Instruments Act, 1881 -

A. D can sue only A

B. D can sue A or B only

C. D can sue any of the parties A, B or C

D. D cannot sue any of the parties A, B or C

Answer: Option C


This Question Belongs to Law >> Negotiable Instruments Act

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