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Sec. 4 of negotiable instruments Act 1880 deals with
Promissory Note
bill of exchange
Cheque
none of the above
- Promissory Note: A written promise to pay a specific amount either on demand or at a fixed future date.
- Bill of Exchange: An order requiring one party to pay a fixed amount to another party on demand or at a future date.
- Cheque: A written, dated, and signed document instructing a bank to pay a specific sum of money to the bearer.
- None of the above
Correct Answer: Promissory Note
By: Kamal Kashyap ProfileResourcesReport error
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