alleryStart learning →Payment in due course is made according to the apparent tenor in:
ACash without a receipt
BAny later agreed mode
CGood faith with negligence
DGood faith, no negligence
Answer & Solution
Correct answer: D. Good faith, no negligence
Section 10 demands payment per the apparent tenor in good faith and without negligence to a person who seems entitled to receive it.
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Related questions
The Negotiable Instruments Act was passed as Act No. 26 of the year:The 2002 amendment of the Act inserted new sections numbered:Criminal liability for cheque dishonour entered the Act through an amendment of:Interim compensation in cheque dishonour cases was added by the Act of:Interim compensation under Section 143A must ordinarily be paid within:Interim compensation under Section 143A cannot exceed what share of the cheque?Cheque dishonour trials under the Act should aim to end within:Which court may try a Section 138 offence?