Multiple Choice Questions on Which of the following section in the Negotiable Instruments Act deals with the Bill of Exchange nbs........... for Punjab Government (Allied) Exams Preparation

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Multiple Choice Questions

Which of the following section in the Negotiable Instruments Act deals with the Bill of Exchange nbs...........

Commercial and Business Laws Negotiable Instrument Act
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    Which of the following section in the Negotiable Instruments Act deals with the Bill of Exchange?

     
    Section 5
     
    Correct Answer
    Section 6
     
    Incorrect Answer
    Section 4
     
    Incorrect Answer
    Section 13
     
    Incorrect Answer

    Section 8

    Incorrect Answer
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    Explanation:
    Section 5 of the Negotiable Instruments Act, 1881 defines bills of exchange. According to this definition, a bill of exchange is an instrument in writing containing an unconditional order.

    By: Vikas Goyal
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