‘Payment in due course’ requires the payment to be made
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- Which of the following conditions must be satisfied to treat a payment as a payment in due course? (a) paym...
- Payment to be made in due course
- A negotiable instrument made, drawn, accepted, indorsed or transferred without consideration creates ______...
- When the payment is made by a negotiable instrument it is usually a conditional payment, the condition bein...
- Directions: Fill in the blank with correct word. Payment of the money is __________ upon delivery of the go...
- Unless otherwise agreed,
- Payment of which of the following cheques can be treated as a payment in due course, if otherwise in order?
- A payee’s account crossed cheque in favour of X is presented by bank B to the drawee bank A for payment. Th...