59
Question
Kinds of Negotiable Instruments
The person to whom the amount is payable on any negotiable instrument is called as -.
Kinds of Negotiable Instruments
The person to whom the amount is payable on any negotiable instrument is called as -.
Open in App
Solution
The correct option is A the payee
As per section 7 of the act, payee is the person named in the instrument, to whom or to whose order the money is by the instrument directed to be paid
As per section 7 of the act, payee is the person named in the instrument, to whom or to whose order the money is by the instrument directed to be paid
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
