Advertisements
Chapters
2: Functions of Management
3: Management by Objectives (MBO) and Management by Exception (MBE)
4: Introduction to Financial Markets
5: Capital Market
6: Money Market
7: Stock Exchange
8: Securities Exchange Board of India (SEBI)
9: Fundamentals of HRM
10: Recruitment Methods
11: Employee Selection Process
12: Employee Training Method
13: Concept of Market and Marketer
14: Marketing and Marketing Mix
15: Recent Trends in Marketing
16: Consumerism
17: Rights, Duties and Responsibilities of Consumers
18: Grievance Redressal Mechanism
19: Environmental Factors
20: Liberalization, Privatization and Globalization
21: The Sale of Goods Act, 1930
▶ 22: The Negotiable Instruments Act, 1881
23: Elements of Entrepreneurship
24: Types of Entrepreneurs
25: Government Schemes for Entrepreneurial Development
26: Companies Act, 2013
27: Company Management
28: Company Secretary
![Samacheer Kalvi solutions for Commerce [English] Class 12 TN Board chapter 22 - The Negotiable Instruments Act, 1881 - Shaalaa.com](/images/commerce-english-class-12-tn-board_6:5f2b1b2038084cf381bfa42c826a928c.jpg "Samacheer Kalvi solutions for Commerce [English] Class 12 TN Board chapter 22 - The Negotiable Instruments Act, 1881")
Advertisements
Solutions for Chapter 22: The Negotiable Instruments Act, 1881
Below listed, you can find solutions for Chapter 22 of Tamil Nadu Board of Secondary Education Samacheer Kalvi for Commerce [English] Class 12 TN Board.
Samacheer Kalvi solutions for Commerce [English] Class 12 TN Board 22 The Negotiable Instruments Act, 1881 Exercise [Page 203]
Choose the Correct Answers
Negotiable Instrument Act was passed in the year ______.
1981
1881
1994
1818
Negotiable Instrument is freely transferable by delivery if it is a ________ instrument.
Order
Bearer
Both a & b
None of the above
The transferee of a Negotiable Instrument is the one ___________.
Who transfers the instrument
On whose name it is transferred
Who enchases it
None of the above
The number of parties in a bill of exchange is ______.
2
6
3
4
Section 6 of Negotiable Instruments Act 1881 deals with ______.
Promissory Note
Bills of exchange
Cheque
None of the above
_______ cannot be a bearer instrument.
Cheque
Promissory Note
Bills of exchange
None of the above
When crossing restrict further negotiation ______.
Not negotiable crossing
General Crossing
c. A/c payee crossing
Special crossing
Which endorsement relieves the endorser from incurring liability in the event of dishonor ______.
Restrictive
Facultative
Sans recourse
Conditional
A cheque will become stale after _____ months of its date:
3
4
5
1
Document of title to the goods excludes ______.
Lorry receipt
Railway receipt
Airway bill
Invoice
Very Short Answer Questions
What is meant by Negotiable Instrument?
Define Bill of Exchange.
List three characteristics of a Promissory Note.
Define Cheque?
Define Endorsement.
Short Answer Questions
Explain the characteristics of Negotiable Instrument.
Distinguish between Negotiability and Assignability.
What are the characteristics of a bill of exchange?
Distinguish between Bill of Exchange & Promissory Note.
Discuss the two different types of crossing.
Long Answer Questions
Mention the presumptions of Negotiable Instruments.
Distinguish a cheque and a bill of exchange.
Discuss in detail the features of a cheque.
What are the requisites for a valid endorsement?
Explain the different kinds of endorsements.
Solutions for 22: The Negotiable Instruments Act, 1881
Samacheer Kalvi solutions for Commerce [English] Class 12 TN Board chapter 22 - The Negotiable Instruments Act, 1881
Shaalaa.com has the Tamil Nadu Board of Secondary Education Mathematics Commerce [English] Class 12 TN Board Tamil Nadu Board of Secondary Education solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. Samacheer Kalvi solutions for Mathematics Commerce [English] Class 12 TN Board Tamil Nadu Board of Secondary Education 22 (The Negotiable Instruments Act, 1881) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. Samacheer Kalvi textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.
Concepts covered in Commerce [English] Class 12 TN Board chapter 22 The Negotiable Instruments Act, 1881 are Introduction to Negotiable Instruments, Negotiability and Assignability, Bills of Exchange, Cheque, Promissory Note – Comparison, Crossing of Cheque, Endorsements.
Using Samacheer Kalvi Commerce [English] Class 12 TN Board solutions The Negotiable Instruments Act, 1881 exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in Samacheer Kalvi Solutions are essential questions that can be asked in the final exam. Maximum Tamil Nadu Board of Secondary Education Commerce [English] Class 12 TN Board students prefer Samacheer Kalvi Textbook Solutions to score more in exams.
Get the free view of Chapter 22, The Negotiable Instruments Act, 1881 Commerce [English] Class 12 TN Board additional questions for Mathematics Commerce [English] Class 12 TN Board Tamil Nadu Board of Secondary Education, and you can use Shaalaa.com to keep it handy for your exam preparation.
