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Q.54
Contract, Specific Relief, Property & NI Act Medium Act + Section Given
Bare Act Negotiable Instruments Act, 1881 · Section 16

Section 16 of Negotiable Instrument Act defines-

A Restrictive endorsement
B Conditional endorsement
✓ Indorsement” in full” and Indorsement” in blank” Answer
D All of the above
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Explanation & Strategy

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Section 16 of the Negotiable Instruments Act defines an 'endorsement' — when the maker or holder of a negotiable instrument signs on the back or face, or on a slip annexed, for the purpose of negotiation. The endorser transfers the instrument to the endorsee.

  1. 1 Look up the referenced provision in Negotiable Instruments Act, 1881 to verify the answer.
At a Glance
Subject Contract, Specific Relief, Property & NI Act
Difficulty Medium
Act Negotiable Instruments Act, 1881
Section Section 16
Answer (C) Act + Section Given
Paper AIBE XIV — September 2019
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📖 Open Book — Reading Mode Negotiable Instruments Act, 1881