Economics · Negotiable Instruments Act
Which one among the following is NOT a privilege or right of a holder-in-due course under the Negotiable Instruments Act, 1881?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Estoppel against denying the genuineness or validity of a payee's endorsement✓
- 2Estoppel against denying the capacity of the payee to endorse
- 3Estoppel against denying the original validity of the instrument
- 4Estoppel against denying the signature or capacity of a prior party
Correct answer
Estoppel against denying the genuineness or validity of a payee's endorsement
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