Negotiation   {sec 14}

Advertisement

Meaning: –

Negotiation means transfer of a negotiable instrument to any other person so as to constitute that person the holder of such negotiable instrument.

Methods of negotiation: –

*Negotiation by delivery –

1. A bearer instrument may be negotiated by delivery.

2. The delivery must be voluntary

*Negotiation by endorsement and delivery

An order instrument can be negotiated only by way of

1. Endorsement; and

2. Delivery.

Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]
13 Comments

Leave a reply

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp
or

Log in with your credentials

or    

Forgot your details?

or

Create Account