Q.100
Contract, Specific Relief, Property & NI Act Medium Knowledge-Based
Bare Act Negotiable Instruments Act, 1881 · Section 8

Term ‘holder’ include

A The payee
B The bearer
C The endorsed
All of the above Answer
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Explanation & Strategy

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The term 'holder' under the Negotiable Instruments Act includes: the payee (person to whom payment is made), the bearer (possessor of bearer instrument), and the endorsee (person to whom instrument is endorsed). All three are included in the definition.

At a Glance
Subject Contract, Specific Relief, Property & NI Act
Difficulty Medium
Act Negotiable Instruments Act, 1881
Section Section 8
Answer (D) Knowledge-Based
Paper AIBE XIV — September 2019
Progress in Paper
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