It is mandatory that transfer of an actionable claim can be effected only by an instrument in writin...........

Negotiable instrument Act Previous Year Papers

It is mandatory that transfer of an actionable claim can be effected only by an instrument in writing but it does not have effect on:

negotiable instrument

arrears of rent

an amount due under a letter of credit

None of the above

a negotiable instrument can be transferred by simple delivery or endorsement and delivery and does not require an instrument in writing.

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