Question

The ______ is the formal notarial certificate attesting the dishonour of the bill, and based upon the noting which has been effected on the dishonour of the foreign bill.

• A. Protest
• B. Noting
• C. Writing
• D. All of the above

Answer 1

The correct option is A Protest

Section 100 of the act defines protest as when a promissory note or bill of exchange including a foreign bill has been dishonored by non-acceptance or non-payment, the holder may, within a reasonable time, cause such dishonor to be noted and certified by a notary public. Such certificate is called a protest.