Which one of the following is not an example of material alteration as per section 87 of the Negotiable Instruments Act, 1881?

CS CSEET · Business Environment and Entrepreneurship & Business Management, Ethics and Communication · PYQS · June 2013
Which one of the following is not an example of material alteration as per section 87 of the Negotiable Instruments Act, 1881?
(A) Alteration of the date of instrument
(B) Alteration of the sum payable
(C) Alteration in the time of payment
(D) Crossing of instrument.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Crossing of instrument..

Topics: Business Laws

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