Examveda
Examveda

In which of the following case the elementary law is laid down that where there is no acceptance, no cause of action can have arisen to the payee against the drawee

A. Khandas Narandas v. Dahiabhai, ILR 3 Bom 182 (183)

B. Venkayya Pantulu v. Surya Prakasamma, AIR 1940 Mad 879

C. Karak Rubber Co. Ltd. v. Burden, (1972) 1 All ER 1210

D. K. A. Lona v. D. H. Ibrahim, AIR 1981 Ker 816 (DB)

Answer: Option A


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Related Questions on Negotiable Instruments Act

The term 'legal representative' in section 29 of the Negotiable Instruments Act, 1881

A. Does not include executors or administrator (Rama v. Praoin, AIR 1926 Mad 389)

B. Includes executors or administrator (K. Subbanna v. K. Subbarayudu, AIR 1926 Mad 390)

C. Includes executors but does not include administrators (P. Nayar v. T. Ramanna, AIR 1929 Mad 389)

D. Includes only administrators but does not include executors (P. K. Pati v. Damodar Sahu, AIR 1953 Ori 179)