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12th Standard English Medium Commerce Subject The Negotiable Instruments Act, 1881 Book Back 3 Mark Questions with Solution Part - I Question Bank Software Jun-03 , 2021

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12th Standard English Medium Commerce Subject The Negotiable Instruments Act, 1881 Book Back 3 Mark Questions with Solution Part - I

12th Standard English Medium Commerce Subject The Negotiable Instruments Act, 1881 Book Back 3 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 15

    Part I

    5 x 3 = 15

  1. Explain the nature of a Negotiable Instrument.

  2. Distinguish between Negotiability and Assignability.

  3. What are the characteristics of a bill of exchange?

  4. Distinguish between Bill of Exchange & Promissory Note.

  5. Draw the two different types of crossing.

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