Under the Negotiable Instrument Act 1881 which refer ldquo a written document by which a rights...........

Negotiable instrument Act Others

Under the Negotiable Instrument Act, 1881 which refer “ a written document by which a rights are created in favor of some person.

contract

Acceptance

Agreements

Instrument

Explanation:

- The Negotiable Instruments Act, 1881 mainly deals with instruments like promissory notes, bills of exchange, and cheques.

- These are written documents by which legal rights are created for someone to claim money.

- Let’s understand the options:

- Option 1: *Contract* – is a broader legal agreement, not specifically limited to negotiable instruments.

- Option 2: *Acceptance* – relates to agreeing to terms, often in the context of negotiable instruments, but does not itself create rights.

- Option 3: *Agreements* – are promises or sets of promises forming consideration, like contracts, but not specifically written instruments creating negotiable rights.

- Option 4: *Instrument* – this specifically refers to a written document which, under the Act, creates rights in favor of a person (like getting money from a cheque).

- So, the most specific and correct answer is Option 4: Instrument.