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The Negotiable Instruments Act, 1881 5 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 20

     5 Marks 

    4 x 5 = 20
  1. What is the characteristics of a promissory note?

  2. Distinguish between cheque and promissory note.

  3. Explain any six kinds of Negotiable Instruments.

  4. What is payee's position when crossing is obliterated?

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