Answered step by step
Verified Expert Solution
Question
1 Approved Answer
it is related to business law. plz answer me quickly. CASE-7 Ali a minor draws a bill of exchange on Sidra and endorses it to
it is related to business law. plz answer me quickly.
CASE-7 Ali a minor draws a bill of exchange on Sidra and endorses it to Zain. Zain endorses to Huma, a holder in due course. In a law suit by Huma, following questions were raised by judiciary. explain these questions according to the negotiable instrument Act, 1881. Marks (2*1 =2) Q.16 What are the conditions Huma must satisfy to become a holder in due course? 2.17 Is Sidra liable for incapacity of Ali? if yes then what will be the legal remedy for all parties? CASE-7 Ali a minor draws a bill of exchange on Sidra and endorses it to Zain. Zain endorses to Huma, a holder in due course. In a law suit by Huma, following questions were raised by judiciary. explain these questions according to the negotiable instrument Act, 1881. Marks (2*1 =2) Q.16 What are the conditions Huma must satisfy to become a holder in due course? 2.17 Is Sidra liable for incapacity of Ali? if yes then what will be the legal remedy for all partiesStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Management For Decision Makers
Authors: Peter Atrill
8th Edition
129213433X, 978-1292134338
