Question

is railway receipt is a negotiable instruments? clear concept​

Answer 1

Answer:

Railway Receipt, Bill of Lading, Ware House Receipts, can not be called a negotiable instruments; because they satisfy the first feature of negotiability but not the second. Such instruments are called Quasi Negotiable Instruments. ... Hence, it is not a negotiable instrument.

Explanation:

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Answer 2

Explanation:

Railway receipt ,bill of landing , warehouse receipt can not be called a negotiable instruments