When an Instrument is drawn conditionally or for a special purpose as – McqOptions

MCQOPTIONS

1.	When an Instrument is drawn conditionally or for a special purpose as a collateral security and not for the purpose of transferring property therein, it is called an
A.	Escrow Instrument
B.	Inchoate Instrument
C.	Ambigous Instrument
D.	None of the above
Answer» B. Inchoate Instrument

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