Which of the following is an example of immaterial alteration in a negotiable instrument ?

CS CSEET · Business Environment and Entrepreneurship & Business Management, Ethics and Communication · PYQS · December 2013
Which of the following is an example of immaterial alteration in a negotiable instrument ?
(A) Changing the date
(B) Changing the sum payable
(C) Crossing the instrument
(D) Changing the place of payment.

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) Crossing the instrument.

Topics: Business Laws

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