

MCQOPTIONS
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1. |
When an Instrument is drawn conditionally or for a special purpose as a collateral securityand 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 | |