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Law · Q231

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 231

Q231

Which of the following are presumptions as to a negotiable instrument under section 118 of the Negotiable Instruments Act? Answer using given below: (1) Presumption of contractual capacity (2) Presumption of consideration (3) Presumption of maturity of instrument (4) Presumption of date

A.
Only (1) and (3)
B.
Only (2) and (4)
Answer
C.
Only (1) and (4)
D.
Only (1) and (2)

Answer: Option B

Solution

Answer: Option B
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