Under the Negotiable Instruments Act, 1881, whether acceptance of a bill of exchange in the following situation shall be treated as qualified acceptance where the acceptor

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declares the payment to be independent of any other event.

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undertakes to pay only `10,000 for a bill drawn for `15,000.

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writes, ‘Accepted, payable at ABC Bank’.

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writes, ‘Accepted, payable at Delhi’.

1.	Under the Negotiable Instruments Act, 1881, whether acceptance of a bill of exchange in the following situation shall be treated as qualified acceptance where the acceptor
A.	undertakes to pay only `10,000 for a bill drawn for `15,000.
B.	declares the payment to be independent of any other event.
C.	writes, ‘Accepted, payable at ABC Bank’.
D.	writes, ‘Accepted, payable at Delhi’.
Answer» B. declares the payment to be independent of any other event.

Under the Negotiable Instruments Act, 1881, whether acceptance of a bill of exchange in the following situation shall be treated as qualified acceptance where the acceptor

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