NI Act_Practicle Problems_54

State whether a holder can refuse to take the following acceptance or not:

a. Accepted payable when in funds.

b. Accepted payable when a cargo consigned to me is sold.

c. A bill drawn for Rs 5,000 but accepted for the 4,000 only.

d. Accepted payable at Delhi when no place of payment is specified in the order.

e. Accepted payable at Delhi only when no place of payment is specified in the order.

f. Accepted payable at Delhi when place of payment specified in the order was Bombay.

g. A bill drawn payable three months after date but accepted payable two months after date.

h. A bill drawn on X, Y, and Z (who are not partners) but accepted by X only.A bill drawn on X, Y and Z (who are partners) but accepted by X.