Anyone who has cleared level I for IBP diploma

[Mahtab]

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presumption as to consideration regarding negotiable instruments. Quasi & non-negotiable instruments handled by bankers.
Chapter – XIII Negotiable Instruments
13.1 Background
13.2 Definition
13.3 Negotiable Instrument Act, 1881
13.3.1 Promissory Note

13.3.2 Bill of Exchange
Q.3 State True or False give brief reason for your selection (30) (Winter-2006
xxiii A bill of exchange has 3 parties to it through out its active life.
13.3.3 Difference between a Bill of Exchange and a Promissory Note
Q.2 Please write the alphabet of selected answer in the column. (10) (Summer-2006)
viii. There is no difference between;
A) There is no difference between a cheque and a bill of exchange
B) a cheque is a bill of exchange with certain specific requirements
C) a cheque is not a bill of exchange
D) None of the above
13.4 Bankers Draft
13.5 A Cheque
13.6 Dishonor of Bill
13.7 Effect of not giving notice
13.8 Notary Public
13.9 Noting
13.10 Protest
13.11 Drawer, Drawee and Drawee-in-case of Need (Section 7)
13.11.1 Drawer
13.11.2 Drawee
13.11.3 Drawee-in-case of Need
13.12 Acceptor
13.13 Acceptor for Honor
13.14 Payee
Q.3 State True or False give brief reason for your selection (30) (Winter-2006
xxii The payee of the cheque is a holder-in-due course.
13.15 Holder in Due Course
13.16 Presentment for Acceptance
13.17 Difference in words and figures
13.18 Inchoate stamped instrument
Q.3 State True or False give brief reason for your selection at the space provided below the question. (20) (Summer-2006)
xiv. A bill of exchange drawn properly but is undated. The holder cannot insert the date
Q.5 Define Negotiable Instruments In terms of Negotiable Instrument Act 1881.
Describe Essential Features and Parties of a cheque. (10) Summer-2006

Chapter – XIV Crossing and Indorsements
14.1 Background
14.2 Types of Crossing
14.3 Definition