If an instrument may be construed either as a promissory note or bill of exchange, it is | Faculties

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Mr. Dubey

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Q. If an instrument may be construed either as a promissory note or bill of exchange, it is

(A) A valid instrument
(B) An ambiguous instrument
(C) A returnable instrument
(D) None of the above.

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✅ Correct Answer: (B) An ambiguous instrument

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