Law · Negotiable Instruments Act
Arrange the following statutory provisions regarding the rights and liabilities of parties under the Negotiable Instruments Act, 1881, in the ascending numerical order of their respective Sections (from Section 31 to Section 57): A. A banker is bound to honor a customer's cheque if there are sufficient funds. B. Instrument payable to order is negotiable by endorsement and delivery. C. Endorsement of an instrument without proper authority by a minor or corporation. D. Holder's right to convert an endorsement in blank into an endorsement in full. Choose the correct answer from the options given below:
- 1A, D, B, C
- 2C, D, A, B
- 3B, A, C, D
- 4A, B, D, C✓
Correct answer
A, B, D, C
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