Negotiable Instruments
- Banking
Definition Of Commercial Bank And Its Characteristics
A commercial bank is a financial intermediary that oporates for profit motive. It collects savings from public by acceptin their…
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Difference Between Transferability And Negotiability
As per Negotiable Instruments Act, 1881, where a debtor has drawn a negotiable instrument in favor of his creditor and…
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Two Main Types Of Negotiable Instruments
The negotiable instruments are simply transferable from person to person and the ownership of the property in the instrument may…
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Essential Features Of Negotiable Instruments
Features of Negotiable Instruments: A negotiable instrument is a transferable document either by the application of the law or by…
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