Unit 5
Chapter 5
Negotiation, Endorsement & Crossing and Bouncing of Cheques
āĻŽীāĻŽাংāϏা, āĻ āύুāĻŽোāĻĻāύ āĻā§°ু āĻেāĻā§° āĻŦাāĻāύ্āϏিং
Questions
āĻĒ্ā§°āĻļ্āύāϏāĻŽূāĻš
MULTIPLE CHOICE QUESTIONS
āĻāĻাāϧিāĻ āĻŦিāĻāϞ্āĻĒāĻĒ্ā§°āĻļ্āύ
1. Which is a mode of negotiation of a negotiable instrument?
1. āĻŽীāĻŽাংāϏাāϝোāĻ্āϝ āϏঁāĻুāϞিāĻāĻাā§° āĻŽীāĻŽাংāϏাā§° āĻোāύāĻো āĻĒāĻĻ্āϧāϤি?
(a) By Delivery (b) By endorsement and delivery (c) Both a and b (d) None of the above
(āĻ) āĻĄেāϞিāĻাā§°ীā§° āĻĻ্āĻŦাā§°া (āĻ) āĻāĻŖ্āĻĄোā§°্āĻāĻŽেāĻŖ্āĻ āĻā§°ু āĻĄেāϞিāĻাā§°ীā§° āĻĻ্āĻŦাā§°া
(āĻ) āĻ āĻā§°ু āĻ (āĻ) āĻāĻĒā§°ā§° āĻোāύোāĻোā§ąেāĻ āύāĻšāϝ়
Ans: (c) Both a and b
āĻāϤ্āϤ⧰: (āĻ) āĻ āĻā§°ু āĻ āĻĻুāϝ়োāĻা
2. Who can endorse an instrument?
⧍. āĻোāύে āĻāĻা āϏঁāĻুāϞিāĻ āĻ āύুāĻŽোāĻĻāύ āĻā§°িāĻŦ āĻĒাā§°ে?
(a) Maker (b) Drawer (c) Payee (d) All of the above
(āĻ) āύিā§°্āĻŽাāϤা (āĻ) āĻĄ্ā§°āϝ়াā§° (āĻ) āĻĒā§°িāĻļোāϧāĻā§°্āϤা (āĻ) āĻāĻĒā§°োāĻ্āϤ āϏāĻāϞোāĻŦোā§°
Ans: (d) All of the above
3. Special endorsement is also called as?
3. āĻŦিāĻļেāώ āĻ āύুāĻŽোāĻĻāύāĻো āĻŦুāϞি āĻোā§ąা āĻšāϝ়?
(a) endorsement in bank (b) endorsement in full
(c) General endorsement (d) Conditional endorsement
(āĻ) āĻŦেāĻ্āĻāϤ āĻ āύুāĻŽোāĻĻāύ (āĻ) āϏāĻŽ্āĻĒূā§°্āĻŖā§°ূāĻĒে āĻ āύুāĻŽোāĻĻāύ (āĻ) āϏাāϧাā§°āĻŖ āĻ āύুāĻŽোāĻĻāύ (āĻ) āĻā§°্āϤāϏাāĻĒেāĻ্āώ āĻ āύুāĻŽোāĻĻāύ
Ans: (b) endorsement in full
4. An uncrossed cheque is known as?
4. āĻ্ā§°āĻ āύোāĻšোā§ąা āĻেāĻ āĻāĻাāĻ āĻŦুāϞি āĻোā§ąা āĻšāϝ়? (a) Open cheque (b) Bearer cheque (c) Order cheque (d) None of the above
(āĻ) āĻোāϞা āĻেāĻ (āĻ) āĻŦেāϝ়াā§° āĻেāĻ
(āĻ) āĻ ā§°্āĻĄাā§° āĻেāĻ (āĻ) āĻāĻĒā§°ā§° āĻোāύোāĻো āύāĻšāϝ়
Ans: (a) Open cheque
FILL IN THE BLANKS
āĻাāϞী āĻ াāĻāĻŦোā§° āĻĒূā§°āĻŖ āĻā§°āĻ
1. Payment of a crossed cheque ......... made at the counter of the bank. [is/is not]
1. āĻ্ā§°āĻ āĻā§°া āĻেāĻ āĻāĻাāĻĒā§°িāĻļোāϧ ....... āĻŦেāĻ্āĻā§° āĻাāĻāĻŖ্āĻাā§°āϤ āϤৈāϝ়াā§° āĻā§°া। [āĻšāϝ়/āύāĻšāϝ়]
Ans: (1) is not,
2. An open cheque ..........a safe mode [is/is not]
2. āĻāĻা āĻোāϞা āĻেāĻ ........ āĻāĻা āϏুā§°āĻ্āώিāϤ āĻŽোāĻĄ [āĻšৈāĻে/āύāĻšāϝ়]
Ans: (2) is not,
3. When a cheque bears across it face the name of the banker, the cheque is said to be crossed ............. [generally/specially]
3. āϝেāϤিāϝ়া āĻেāĻ āĻāĻāύে āĻāϝ়াā§° āĻāĻĒā§°েā§°ে āĻŦেংāĻাā§°ā§° āύাāĻŽā§° āĻŽুāĻাāĻŽুāĻি āĻšāϝ়, āĻেāĻāĻো āĻোā§ąা āĻšāϝ় āĻĒাā§° āĻšৈ āĻ'āϞ....... [āϏাāϧাā§°āĻŖāϤে/āĻŦিāĻļেāώāĻাā§ąে]
Ans: (3) specially
4. An order instrument can be negotiated by ........... [delivery/endorsement and delivery]
4. āĻāĻা āĻ ā§°্āĻĄাā§° āϏঁāĻুāϞিā§° āĻĻ্āĻŦাā§°া āĻŽীāĻŽাংāϏা āĻā§°িāĻŦ āĻĒাā§°ি.... [āĻĄেāϞিāĻাā§°ী/āĻāĻŖ্āĻĄোā§°্āĻāĻŽেāĻŖ্āĻ āĻā§°ু āĻĄেāϞিāĻাā§°ী]
Ans: (4) endorsement and delivery,
5. An instrument obtained through forgery ........... give a better title. [does/does not]
5. āĻাāϞিāϝ়াāϤিā§° āĻā§°িāϝ়āϤে āĻĒ্ā§°াāĻĒ্āϤ āĻāĻা āϏঁāĻুāϞি ........ āĻāĻা āĻাāϞ āĻļিā§°োāύাāĻŽ āĻĻিāϝ়āĻ। [āĻā§°ে/āύāĻā§°ে]
TRUE/FALSE
āϏāϤ্āϝ/āĻŽিāĻা 1. A separate slip of paper attached to the instrument is called as Allonge
1. āϏঁāĻুāϞিāĻোā§° āϏৈāϤে āϏংāϞāĻ্āύ āĻাāĻāĻā§° āĻāĻা āĻĒৃāĻĨāĻ āϏ্āϞিāĻĒāĻ āĻāϞোāĻ্āĻ āĻŦুāϞি āĻোā§ąা āĻšāϝ়
Ans: (1) True
2. Partial indorsement is valid endorsement
2. āĻংāĻļিāĻ āĻāύāĻĄā§°্āĻŽেāĻŖ্āĻ āĻšৈāĻে āĻŦৈāϧ āĻ āύুāĻŽোāĻĻāύ
Ans: (2) False
3. "Pay the contents to Rajat only," is an example of restrictive endorsement
3. "āĻেā§ąāϞ ā§°āĻāϤāĻ āĻšে āϏāĻŽāϞāĻĒā§°িāĻļোāϧ āĻā§°āĻ," āĻšৈāĻে āĻĒ্ā§°āϤিāĻŦāύ্āϧāĻ āĻ āύুāĻŽোāĻĻāύ⧰ āĻāĻ āĻāĻĻাāĻšā§°āĻŖ
Ans: (3) True
4. Payment of an open cheque is made at the counter of the bank.
4. āĻŦেāĻ্āĻā§° āĻাāĻāĻŖ্āĻাā§°āϤ āĻোāϞা āĻেāĻ āĻĒā§°িāĻļোāϧ āĻā§°া āĻšāϝ়।
Ans: (4) True
5. Where a cheque is crossed generally, the holder may cross it specially
5. āϝ'āϤ āϏাāϧাā§°āĻŖāϤে āĻেāĻ āĻāĻা āĻĒাā§° āĻā§°া āĻšāϝ়, āϧাā§°āĻে āĻāϝ়াāĻ āĻŦিāĻļেāώāĻাā§ąে āĻ āϤিāĻ্ā§°āĻŽ āĻā§°িāĻŦ āĻĒাā§°ে
Ans: (5) True
SHORT QUESTIONS 1. What is crossing of a cheque?
1. āĻেāĻ āĻāĻা āĻি āĻ্ā§°āĻ āĻā§°া āĻšৈāĻে?
Ans:
2. What is the advafntage of crossing a cheque?
2. āĻেāĻ āĻāĻা āĻ āϤিāĻ্ā§°āĻŽ āĻā§°াā§° āϏুāĻŦিāϧা āĻি?
Ans:
3. Define the term negotiation.
3. āĻŽীāĻŽাংāϏা āĻļāĻŦ্āĻĻāĻো āύিā§°্āϧাā§°āĻŖ āĻā§°āĻ।
Ans:
4. Differentiate between negotiation and assignment.
4. āĻŽীāĻŽাংāϏা āĻā§°ু āĻā§ąāĻŖ্āĻāύ⧰ āĻŽাāĻāϤ āĻĒাā§°্āĻĨāĻ্āϝ āĻā§°āĻ।
Ans:
5. What is assignment of a debt?
ā§Ģ. āĻāĻŖ ā§°āĻাāĻো āĻি?
Ans:
6. What are the modes of negotiation?
6. āĻŽীāĻŽাংāϏাā§° āĻĒāĻĻ্āϧāϤিāĻŦোā§° āĻি?
Ans:
7. How can a blank indorsement converted into a full indorsement?
7. āĻāĻা āĻাāϞী āĻāĻŖ্āĻĄোā§°āĻেāĻŽেāĻŖ্āĻ āĻেāύেāĻৈ āϏāĻŽ্āĻĒূā§°্āĻŖ āĻŦীāĻŽাāϞৈ ā§°ূāĻĒাāύ্āϤ⧰িāϤ āĻš'āĻŦ āĻĒাā§°ে?
Ans:
8. Can partial indorsement be a valid indorsement?
8. āĻংāĻļিāĻ āĻāύāĻĄā§°্āĻŽেāĻŖ্āĻ āĻāĻা āĻŦৈāϧ āĻāύāĻĄā§°্āĻŽেāĻŖ্āĻ āĻš'āĻŦ āĻĒাā§°ে āύেāĻি?
Ans:
9. What is the effect of the words "Not negotiable" written in the crossing of a crossed cheque?
9. āĻ্ā§°āĻ āĻā§°া āĻেāĻ āĻāĻāύ āĻĒাā§° āĻšৈ āϝোā§ąাāϤ āϞিāĻা "āĻŽীāĻŽাংāϏাāϝোāĻ্āϝ āύāĻšāϝ়" āĻļāĻŦ্āĻĻāĻŦোā§°ā§° āĻĒ্ā§°āĻাā§ą āĻি?
Ans:
10. Who can cross a cheque?
10. āĻোāύে āĻেāĻ āĻĒাā§° āĻā§°িāĻŦ āĻĒাā§°ে?
Ans:
11. Differentiate between an open cheque and a crossed cheque.
11. āĻোāϞা āĻেāĻ āĻā§°ু āĻ্ā§°āĻ āĻā§°া āĻেāĻā§° āĻŽাāĻāϤ āĻĒাā§°্āĻĨāĻ্āϝ āĻā§°āĻ।
Ans:
LONG QUESTIONS āĻĻীāĻāϞীāϝ়া āĻĒ্ā§°āĻļ্āύ 1. Define negotiation. How is it different from assignment?
1. āĻŽীāĻŽাংāϏাā§° āϏংāĻ্āĻা āĻĻিāϝ়āĻ। āĻāĻাāĻāύāĻŽেāĻŖ্āĻāϤāĻৈ āĻāĻāĻো āĻেāύেāĻৈ āĻĒৃāĻĨāĻ?
Ans:
2. "A negotiable instrument may be transferred by negotiation or assignment, but with different consequences to the holder". Do you agree with the statement?
2. "āĻŽীāĻŽাংāϏা āĻŦা āĻā§ąāĻŖ্āĻāύ⧰ āĻĻ্āĻŦাā§°া āĻāĻ āĻŽীāĻŽাংāϏাāϝোāĻ্āϝ āϏঁāĻুāϞি āϏ্āĻĨাāύাāύ্āϤ⧰ āĻā§°া āĻš'āĻŦ āĻĒাā§°ে, āĻিāύ্āϤু āϧাā§°āĻāϞৈ āĻŦিāĻিāύ্āύ āĻĒā§°িāĻŖাāĻŽā§° āϏৈāϤে"। āĻāĻĒুāύি āĻŦিāĻŦৃāϤিāĻোā§° āϏৈāϤে āϏāύ্āĻŽāϤ āύেāĻি?
Ans:
3. Explain the kinds of indorsements.
3. āĻāĻŖ্āĻĄোā§°্āĻেāĻŽেāĻŖ্āĻā§° āĻĒ্ā§°āĻাā§°āĻŦোā§° āĻŦā§°্āĻŖāύা āĻā§°āĻ।
Ans:
4. Define crossing of cheque. Explain the modes of crossing a cheque.
4. āĻেāĻ āĻ্ā§°āĻিং āύিā§°্āϧাā§°āĻŖ āĻā§°āĻ। āĻেāĻ āĻāĻāύ āĻĒাā§° āĻšোā§ąাā§° āĻĒāĻĻ্āϧāϤিāĻŦোā§° āĻŦā§°্āĻŖāύা āĻā§°āĻ।
Ans:
5. Explain the essentials of a valid negotiation.
5. āĻŦৈāϧ āĻŽীāĻŽাংāϏাā§° āĻĒ্ā§°āϝ়োāĻāύীāϝ়āϤাāĻŦোā§° āĻŦā§°্āĻŖāύা āĻā§°āĻ।
Ans:
6. Discuss the modes of transferring negotiable instruments.
6. āĻŽীāĻŽাংāϏাāϝোāĻ্āϝ āϏঁāĻুāϞিāϏ্āĻĨাāύাāύ্āϤ⧰ āĻā§°াā§° āĻĒāĻĻ্āϧāϤিāĻŦোā§° āĻāϞোāĻāύা āĻā§°āĻ।
Ans:
7. Explain the modes of negotiation.
7. āĻŽীāĻŽাংāϏাā§° āĻĒāĻĻ্āϧāϤিāĻŦোā§° āĻŦā§°্āĻŖāύা āĻā§°āĻ।
Ans:
8. Can dishonour of a cheque amount to an offence ?
8. āĻেāĻ āĻāĻাā§° āĻ āϏāύ্āĻŽাāύ āĻāĻা āĻ āĻĒā§°াāϧ⧰ āϏāĻŽাāύ āĻš'āĻŦ āĻĒাā§°ে āύেāĻি?
Ans:
Type: Priyam Jyoti Patar
Post Id: DABP003556