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12th Standard Commerce English Medium - The Negotiable Instruments Act, 1881 2 Mark Creative Question Paper and Answer Key 2022 - 2023 Study Materials Sep-03 , 2022

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12th Standard Commerce English Medium - The Negotiable Instruments Act, 1881 2 Mark Creative Question Paper and Answer Key 2022 - 2023

The Negotiable Instruments Act, 1881 2 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 14

    2 Marks

    7 x 2 = 14

  1. Define "Negotiable Instrument".

  2. Definition of promissory note.

  3. What do you mean by crossing a cheque?

  4. What are the Significance of general crossing?

  5. Write a short note on
    (i) Time instrument
    (ii) Accommodation instrument

  6. Define "Negotiable Instruments".

  7. If the payee is an illiterate, how can he endorse a negotiable instrument?

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