NEGOTIABLE INSTRUMENTS EXAM

This is a breakdown of the exam

 

Re: for both main & rewrite exams

 

Know the following:

 

Main

 

The characteristics of bills of exchange

 

Requirements for bills of exchange as per section 2(1) of the Act

 

Negotiability of negotiable instruments

 

 Know provisions that pertain to the validity/invalidity of a bill

 

Indorsements

 

Forged and unauthorized signatures

 

 

 

Re-write

 

Crossed cheques and the rights of parties therein

 

Signature

 

Characteristics of negotiable instruments

 

Rights of holders

 

Presentment of bills