Law · Negotiable Instruments Act
A Bill of Exchange drawn 'At Sight' does not specify a place for payment. Under the Negotiable Instruments Act, 1881, if the drawee has no fixed place of business or fixed residence, where must the bill be presented to maintain liability?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The bill must be presented at the nearest branch of the Reserve Bank of India.
- 2The bill is considered automatically dishonored due to lack of place specification.
- 3The bill must be presented to the drawee in person wherever they can be found.✓
- 4The bill must be presented at the place where the drawer carries on business.
Correct answer
The bill must be presented to the drawee in person wherever they can be found.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Law?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Negotiable Instruments Act MCQs →Want more practice questions on Negotiable Instruments Act?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Law · Negotiable Instruments Act