Notice of dishonour must be given | Faculties

M

Mr. Dubey • 52.30K Points
Coach

Q. Notice of dishonour must be given

(A) To the drawer and drawee only

(B) To the drawer, acceptor and endorser(s) only

(C) To all the parties liable on the instrument or to their duly authorized agent

(D) To all the parties who are secondarily liable on the instrument or to their duly authorized agent

Correct Answer - Option(D)

Share

Discusssion

Login to discuss.

Be the first to start discuss.

Related Posts

Q. Which company shares can be freely transferable?

Q. When after the formation of a valid contract, an event happens which makes the performance of contract impossible then the contract becomes

Q. Where an agreement consists of two parts once legal and the other illegal and the legal part is separable from the illegal one, such legal part is

Q. Which is not the correct statement ?

Q. On the acceptance of an offer by a offeree

Q. Who can endorse the negotiable

Q. Which documents contains the regulations relating to the internal management of a

Q. Before the enactment of Sale of Goods Act, the provisions regarding Sale of

Q. The Law of Contract in India is contained in

View All Posts