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Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:
  • a)
    In order to charge the drawer, when he has countermanded payment
  • b)
    When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchange
  • c)
    When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may be
  • d)
    When the dishonoured instrument has been noted and protested
Correct answer is option 'A'. Can you explain this answer?
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Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer?
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Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Under section 98 of the Negotiable Instruments Act, 1881 no notice of dishonour is necessary:a)In order to charge the drawer, when he has countermanded paymentb)When the dishonour is the consequence of insolvency of the maker of the note or drawee of the bill of exchangec)When the instrument has been dishonoured on account of death of the maker, drawee or acceptor, as the case may bed)When the dishonoured instrument has been noted and protestedCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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