Question

A person is considered the holder of Negotiable Instruments if ________.

• A. his name appear on an instrument
• B. he is in possession of bearer instrument
• C. he is the endorses of a cheque
• D. all of the above

Answer 1

The correct option is D all of the above

The holder of a cheque means any person entitled in his own name to the possession thereof and to receive or recover the amount due thereon from the parties thereto. Where the cheque is lost or destroyed, its holder is the person so entitled at the time of such loss or destruction.