Examveda
Examveda

Under section 118 of the Negotiable Instruments Act, 1881, it is presumed, until the contrary is proved, that every transfer of a negotiable instrument was made

A. After its maturity

B. Before its maturity

C. At its maturity

D. None of the above

Answer: Option B


This Question Belongs to Law >> Negotiable Instruments Act

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The term 'legal representative' in section 29 of the Negotiable Instruments Act, 1881

A. Does not include executors or administrator (Rama v. Praoin, AIR 1926 Mad 389)

B. Includes executors or administrator (K. Subbanna v. K. Subbarayudu, AIR 1926 Mad 390)

C. Includes executors but does not include administrators (P. Nayar v. T. Ramanna, AIR 1929 Mad 389)

D. Includes only administrators but does not include executors (P. K. Pati v. Damodar Sahu, AIR 1953 Ori 179)