Examveda

Under section 118 of the Negotiable Instruments Act, the onus of proving absence of consideration in the execution of a negotiable instrument is on the

A. Indorser (Zohra Jan v. Rajan Bibi, 28 IC 402)

B. Executant (Zohra Jan v. Rajan Bibi, 28 IC 402)

C. Drawee (R. S. Rajeswara Sethupathi v. Chidambaram Chettiar, AIR 1938 PC 123)

D. None of the above

Answer: Option B


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