The term negotiation of the negotiable Instrument Act 1881 refers to
Verified Answer
A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder there of
B. The payment by a bank on a negotiable instrument after due verification of the instrument
C. The bargaining between the parties to a negotiable instrument
D. All of the above
Explanation:
Under the Negotiable Instruments Act, 1881, "negotiation" means the transfer of a negotiable instrument from one person to another in such a manner as to constitute the transferee the holder thereof.