Business Studies, asked by jugrajdeepSingh, 10 months ago

Q2 Describe essential elements of a negotiable instrument. [10 Marks)

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Answered by sampakrish123

2

Answer:

ELEMENTS OF NEGOTIABLE INSTRUMENTS For a negotiable instrument the following essential elements are required:  Written: Negotiable instrument must be in writing  Signed:Instrument must be signed by maker  Unconditional: It must contain unconditional promise or order to pay  Uncertain sum: Instrument must ...

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