Write a-comprehensive-note-on-negotiable-instrument 2

Negotiable instruments are financial documents that assure payment of a specified amount to a designated payee, and include promissory notes, bills of exchange, and cheques. These instruments have distinct features such as being written, easily transferable, and being treated like money for transactions. The document also discusses various types of negotiable instruments and legal frameworks surrounding their use, including amendments to the Negotiable Instruments Act to address dishonoured cheques.