KG2PG

Q1: 1. Which of the following is not considered a negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Q2: 2. According to Section 13 of the Negotiable Instruments Act 1881, a promissory note must contain a/an

Q3: 3. Under Section 13 of the Negotiable Instruments Act 1881, a bill of exchange must be signed by

Q4: 4. Which of the following statements is true regarding the negotiability of a cheque under Section 13 of the Negotiable Instruments Act 1881?

Q5: 5. In a real-life scenario, if a promissory note contains a condition that the payment will be made only if certain conditions are met, is it considered a negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Q6: 6. According to Section 13 of the Negotiable Instruments Act 1881, a cheque becomes payable on demand when

Q7: 7. Which of the following instruments is not considered a negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Q8: 8. Under Section 13 of the Negotiable Instruments Act 1881, a bill of exchange must be payable to

Q9: 9. A promissory note under Section 13 of the Negotiable Instruments Act 1881 must contain

Q10: 10. If a cheque is not signed by the drawer, it is considered

Q11: 11. Which of the following is a characteristic of a negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Q12: 12. In a real-life situation, if a bill of exchange is payable to a specific person and not to bearer or order, is it considered a negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Q13: 13. Under Section 13 of the Negotiable Instruments Act 1881, which of the following is not a requirement for a bill of exchange to be valid?

Q14: 14. A cheque that is crossed is an example of

Q15: 15. According to Section 13 of the Negotiable Instruments Act 1881, a promissory note must be in writing and signed by the

Q16: 16. If a promissory note states that the payment will be made only if a certain event occurs, is it considered a negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Q17: 17. A bill of exchange under Section 13 of the Negotiable Instruments Act 1881 must specify

Q18: 18. Which of the following is a key feature of a negotiable instrument as per Section 13 of the Negotiable Instruments Act 1881?

Q19: 19. In a real-life scenario, if a cheque is not dated, is it considered a valid negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Q20: 20. According to Section 13 of the Negotiable Instruments Act 1881, a cheque is payable to

Q21: 21. Which of the following is a requirement for a cheque to be considered a negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Q22: 22. If a promissory note does not specify the date of repayment, it is considered

Q23: 23. In a real-life situation, if a bill of exchange is not signed by the drawer, is it considered a valid negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Q24: 24. A cheque that is payable only to the person whose name is specified on the cheque is known as a/an

Q25: 25. Which of the following is a key requirement for a promissory note to be considered a negotiable instrument under Section 13 of the Negotiable Instruments Act 1881?

Score Summary