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Chapter

Negotiable Instruments Act, 1881

Fundamentals of Business Laws and Business CommunicationSection A: Fundamentals of Business Laws (80%)20 marks

5 topics

  1. Characteristics of Negotiable Instruments
  2. Definitions of Promissory Note, Bill of Exchange and Cheque
  3. Difference between Promissory Note, Bill of Exchange and Cheque
  4. Crossing – Meaning, Definition and Types of Crossing
  5. Dishonour of Cheques (Section 138)
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