Question

At sight under Section 21 of the Negotiable Instruments Act, 1881 means:

• A. On presentation
• B. On demand
• C. On coming into vision
• D. None of the above

Hint:

“At sight” in negotiable instruments means payable immediately when presented.

Answer 1

The Correct Option is A

Step 1: Meaning of “at sight.”
Section 21 of the Negotiable Instruments Act defines “at sight” to mean “on presentation.”
Step 2: Practical application.
For bills of exchange and promissory notes payable at sight, payment must be made immediately upon presentation.
Step 3: Conclusion.
Thus, the correct answer is (a).