Law · Negotiable Instruments Act
Arrange the following stages in the correct logical sequence representing the legal application of Section 57 of the Negotiable Instruments Act, 1881. A. The true owner retains and asserts the right to obtain a proper endorsement. B. The delivery of the instrument is recognized as legally valid. C. An infant or a corporation delivers a promissory note or bill of exchange. D. The delivery occurs without a necessary endorsement. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1D, A, C, B
- 2C, D, B, A✓
- 3D, C, A, B
- 4C, B, D, A
Correct answer
C, D, B, A
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