Discussion
The term 'Allonge' under Negotiable Act, 1881 means :
Answer: C
The answer is both (A) and (B).
An allonge is a slip of paper attached to a negotiable instrument to carry further endorsements when there is no room left on the instrument itself. Section 15 of the Negotiable Instruments Act provides that an endorsement may be written on such a slip annexed to the instrument.
Statement (A) gives the purpose, further negotiation, and statement (B) the occasion, when the instrument is already full of endorsements. Both describe the same thing, so the key accepts both rather than either alone.
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