Question

A negotiable instrument which is complete in all it's particulars it is called a ----

• A. Incomplete instrument
• B. Provisional draft
• C. Complete instrument Bill
• D. Conditional note

Answer 1

Answer:

C. Complete instrument Bill

Complete instrument Bill:

• A negotiable instrument which is complete in all it's particulars it is called a "Complete instrument Bill".

Ambiguous instruments:

• An instrument which can be interpreted either as a bill of exchange or promissory note is called Ambiguous instruments.