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Section 5 of Negotiable Instrument Act deals with which Negotiable Instrument?

Section 5 of Negotiable Instrument Act deals with which Negotiable Instrument? Correct Answer Bill of Exchange

Section 5 of the Negotiable Instrument Act 1881, deals with Bill of Exchange. A "bill of exchange" is an instrument in writing containing an unconditional order, signed by the maker to give to a person or bearer of the negotiable instrument.

Related Questions

A group of 74 students of Class XI went on picnic. The number of students who went on picnic by each section is as follows: Section A = 15 Section B = 24 Section C = 15 Section D = 20 5 students from Section A spent as much as 4 students from Section B. 12 Section B students spent as much as 9 Section C students and 6 Section C students spent as much as 8 Section D student. If every student of a particular section spent the same amount and all the students spent Rs. 23,370 altogether, find the amount spent by each student of Section D?
As per Section 118 of the Negotiable Instruments Act, presumption in regard to the date of a negotiable instrument is that every negotiable instrument bearing a date was made or drawn:
Last year, there were three sections in a competitive exam. Out of them 33 students cleared the cut-off in Section A, 34 students cleared the cut-off in Section B and 32 students cleared the cut-off in Section C. 10 students cleared the cut-off in section A and section B, 9 cleared the cut-off in section B and section C and 8 cleared the cut-off in section A and section C. The number of students who cleared only one section was equal and was 21 for each section. How many students cleared all the three sections?
Under which section of Negotiable Instrument Act, 1882, the 'Dishonour of Negotiable Instrument by Non-Payment' is covered?
Which of the following are presumptions as to a negotiable instrument under section 118 of the Negotiable Instruments Act? Answer using given below:
(1) Presumption of contractual capacity
(2) Presumption of consideration
(3) Presumption of maturity of instrument
(4) Presumption of date
Which of the following is/are true about the Negotiable Instruments Act, the Promissory Note?
1. Definition of Promissory Note is given in section 8 of the Negotiable Instrument Act
2. Containing an unconditional undertaking
3. To pay a certain sum of money only to a specific person or the bearer
4. The seller is bound to accept the promissory note
5. A document was written and signed by the payer/maker
According to Section 4 of Negotiable Instrument Act, this is an instrument in writing (note being a bank-note or a currency note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money to or to the order of a certain person, or to the bearer of the instruments. Which instrument is being talked here?
The presumption as to the date of a negotiable instrument under section 118 is that, every negotiable instrument bearing a date was made or drawn
According to Section 13 of the Negotiable Instruments Act, 1881, which is not a "Negotiable Instrument"?
Under section 118 of the Negotiable Instruments Act, 1881, it is presumed, until the contrary is proved, that every transfer of a negotiable instrument was made