According to Section 4 of Negotiable Instrument Act, this is an instrument in writing (note being a bank-note or a currency note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money to or to the order of a certain person, or to the bearer of the instruments. Which instrument is being talked here?
A. Promissory Note
B. Cheque
C. Hundi
D. All of the above
Answer: Option A
Join The Discussion