Business Studies, asked by vasumeganathan, 8 months ago

what is the meaning for negotiable instrument

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Answered by Anonymous

15

Answer:

In other words, negotiable instruments are documents which promise payment to the assignee (the person whom it is assigned to/given to) or a specified person. These instruments are transferable signed documents which promises to pay the bearer/holder the sum of money when demanded or at any time in the future.

hope it helps ⬆️☺✔❤

Answered by Anonymous

11

A negotiable instrument is a signed document that promises a sum of payment to a specified person .

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