Section 17: Ambiguous instruments

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1 question in 7 of our papers cite Section 17. Try these from the free papers:

1. 1. Under Section 17 of the Negotiable Instruments Act, 1881, where an instrument may be construed either as a promissory note or as a bill of exchange:

   A.it is treated as a bill of exchange unless it is stamped as a promissory note by the makerB.the holder may at his election treat it as either, and it is thereafter treated accordinglyC.the instrument is void for uncertainty and cannot be enforced either as a note or as a billD.the court decides its character on the intention of the maker at the time when it was made and delivered
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