Examveda

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)

C. Only (1) and (4)

D. Only (1) and (2)

Answer: Option B


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