Types of Negotiable Instruments – Meaning and Features

Types of Negotiable Instruments – In this modern commercial world, negotiable instruments play a significant role as it is freely and easily transferable. Negotiable Instruments are transferable instruments and time-saving with no formalities. Negotiable instruments are must be in writing. Types of Negotiable Instruments 1)Promissory notes 2)Bill of exchange 3)Cheque 1) Promissory notes- According to …

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