Business Studies · Negotiable Instruments Act
Assertion (A): A holder in due course gets a better title than the transferor. Reason (R): A holder in due course acquires the instrument for consideration before maturity without notice of any defect in title.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A is false but R is true
- 2A is true but R is false
- 3Both A and R are true but R is not correct explanation
- 4Both A and R are true and R is correct explanation of A✓
Correct answer
Both A and R are true and R is correct explanation of A
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