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This question belongs to Law Negotiable Instruments Act
Negotiable Instruments Act
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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

Answer & Solution
Correct Answer: Option B
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