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12th Standard English Medium Commerce Subject The Negotiable Instruments Act, 1881 Creative 2 Mark Questions with Solution Part - I updated Creative Questions

12th Standard English Medium Commerce Subject The Negotiable Instruments Act, 1881 Creative 2 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 10
    5 x 2 = 10

  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

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