Negotiable Instrument-The word Negotiable means transferability and the word Instrument means piece of paper or any document. Negotiable instruments are written contracts whose benefits can be transferred from the original holder to the new holder. In other words, a negotiable instrument is a document that promises payment to the assignee (the person to whom the instrument is transfer... https://www.corpzo.com/demystifying-the-negotiable-instruments-act-a-closer-look-at-section-138