Which of the following is not true about a Demand Draft? – McqOptions

MCQOPTIONS

1.	Which of the following is not true about a Demand Draft?
A.	It is a negotiable instrument.
B.	It is a banker's cheque.
C.	It may be dishonoured for lack of funds.
D.	It is issued by a bank.
Answer» D. It is issued by a bank.

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