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Which of the following instruments is not a negotiable instrument?
Crossed Cheque
Bearer Cheque
Promissory Note
Bills of Exchange
negotiable instruments are documents which promise payment to the assignee (the person whom it is assigned to/given to) or a specified person. These instruments are transferable signed documents which promises to pay the bearer/holder the sum of money when demanded or at any time in the future.
By: honey kaundal ProfileResourcesReport error
LOVE JAJODIA
wrong explanation crossing does not change nature to non negotiable instruement of cheque
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