29.
The answer is: C
Explanation
The correct option is C: Escrow.
A bill is delivered conditionally or for a special purpose is called an escrow bill. An escrow is a legal arrangement in which a third party holds an asset or document until a specified condition is met by the parties involved.
For example, A draws a bill on B and delivers it to C as a security for a loan. The bill is not intended to be negotiated by C, but only to be returned to A when the loan is repaid. In this case, the bill is an escrow.
A fictitious bill is a bill in which the name of the drawer or the payee or both is fictitious.
For example, A draws a bill on B, who does not exist, and endorses it to C. The bill is a fictitious bill.
An inchoate instrument is an incomplete instrument that is signed and delivered by the maker or drawer with the intention of giving effect to it as a negotiable instrument.
For example, A signs and delivers a blank cheque to B, authorizing him to fill up the amount and date. The cheque is an inchoate instrument.
A clean bill is a bill that does not require any documents to be attached or presented for payment.
For example, A draws a bill on B payable at sight. The bill is a clean bill.