A negotiable instrument under Section 13(1) means:

CS CSEET · Business Laws and Management · PYQS · October 2026
A negotiable instrument under Section 13(1) means:
(A) Promissory note, bill of exchange, or cheque payable to order or bearer
(B) Any written contract
(C) Only cheques
(D) Only promissory notes

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Promissory note, bill of exchange, or cheque payable to order or bearer.

Topics: Negotiable Instruments Act, 1881

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