Which one of the following is not a negotiable instrument?
Show Hint
- Sale Deed
- Cheque
- Bill of Exchange
- Promissory note
The Correct Option is A
Solution and Explanation
A Sale Deed, however, is a legal document used to transfer the ownership of property, and it does not fall under the category of negotiable instruments, as it does not guarantee the transfer of money.
Thus, the correct answer is Sale Deed.
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