Negotiable Instruments Act MCQ question and answer | Law MCQ question

A. Promissory note

B. Bill of exchange

C. An ambiguous instrument under section 17

D. None of these

A. Section 6

B. Section 9

C. Section 7

D. Section 8

A. Mr. 'B' I owe you one thousand rupees

B. Mr. 'B' I will pay you ten thousand rupees after my marriage

C. Mr. 'B' I will pay you money on demand

D. Mr. 'B' I will pay you one thousand rupees on demand

A. Absence of a legally enforceable debt or liability

B. Absence of legal notice of 15 days

C. Lack of jurisdiction

D. All of the above

A. A body corporate

B. A firm

C. A proprietary concern

D. An association of individuals

A. Restrictive endorsement

B. Conditional endorsement

C. Indorsement "in full" and Indorsement "in blank"

D. All the above

A. Partial endorsement

B. Sans recourse endorsement

C. Restrictive endorsement

D. Conditional endorsement

A. Court of session

B. High Court

C. Chief Judicial Magistrate

D. Either Court of Session or High Court

A. A minor may draw instrument so as to bind all parties including himself

B. A minor shall not draw instrument so as to bind any party

C. A minor may draw instrument so as to bind all parties except himself

D. A minor shall not indorse instruments

A. Bilateral agreement to negotiation and arbitration

B. Best alternative to a negotiated agreement

C. Bilateral Trade negotiated agreement

D. None of the above