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Under Section 64, promissory notes, bills and cheques must, in default of which the other parties are not liable, be:
APresented for payment to the maker, acceptor or drawee
BEndorsed in full
CRegistered with the bank
DStamped twice
Answer & Solution
Correct answer: A. Presented for payment to the maker, acceptor or drawee
Section 64 requires presentment for payment to the maker/acceptor/drawee; in default, the other parties are not liable to the holder (subject to exceptions).
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