The cheque is to be signed by the

(a)

drawee

(b)

banker

(c)

drawer

(d)

none of these

Promissory Note, Bill of Exchange or cheque is payable to order is called

(a)

Bearer Instrument

(b)

Order instrument

(c)

Inland instrument

(d)

Foreign instrument

An instrument which is not inland instrument is called

(a)

Foreign instrument

(b)

Bearer instrument

(c)

Inland instrument

(d)

Ambiguous instrument

Negotiable instrument means a promissory note, bill of exchange or cheque, payable to

(a)

bearer

(b)

order

(c)

either to bearer or order

(d)

neither bearer nor order

When an instrument has been lost it is presumed that it was

(a)

expired

(b)

duly stamped

(c)

stolen

(d)

misplaced