Read Assertion (A) and Reason (R) and answer using below;
Assertion : Where a bill is unintentionally cancelled by the holder on his agent and the cancellation is not apparent thereon, the bill is discharged.
Reason (R): Above principle is laid down in Section 82 of the Negotiable Instruments Act.
A. Both (A) and (R) are true and (R) is the correct explanation of (A)
B. Both (A) and (R) are true and (R) is not the correct explanation of (A)
C. (A) is right but (R) is wrong
D. (A) is wrong but (R) is right
Answer: Option A
This Question Belongs to Law >> Negotiable Instruments Act
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