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Published on: 03/09/2022
QB365 provides a detailed and simple solution for every Possible Book Back Questions in Class 12 Commerce Subject - The Negotiable Instruments Act, 1881, English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Commerce Test1.
Document of title to the goods exclude ______________
Lorry receipt
Railway receipt
Airway bill
Invoice
2.
A cheque will become stale after _______ months of its date:
3
4
5
1
3.
Which endorsement relieves the endorser from incurring liability in the event of dishonour
Restrictive
Faculative
Sans recourse
Conditional
4.
When crossing restrict further negotiation
Not negotiable crossing
General Crossing
A\c payee crossing
Special crossing
5.
________cannot be a bearer instrument.
Cheque
Promissory Note
Bills of exchange
None of the above
6.
Section 6 of Negotiable Instruments Act 1881 deals with _______.
Promissory Note
Bills of exchange
Cheque
None of the above
7.
Number of parties in a bill of exchange are_______.
2
6
3
4
8.
The transferee of a Negotiable Instrument is the one _______________
Who transfer the instrument
On whose name it is transferred
Who enchases it
None of the above
9.
Negotiable Instrument is freely transferable by delivery if it is a instrument.
Order
Bearer
Both a & b
None of the above
10.
Negotiable Instrument Act was passed in the year _________.
1981
1881
1994
1818
1.
(d)
Invoice
2.
(a)
3
3.
(c)
Sans recourse
4.
(a)
Not negotiable crossing
5.
(b)
Promissory Note
6.
(c)
Cheque
7.
(c)
3
8.
(b)
On whose name it is transferred
9.
(b)
Bearer
10.
(b)
1881
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History
Computer Applications
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Computer Science
Business Maths and Statistics
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