As per Section 118 of the Negotiable Instruments Act, presumption in regard to the date of a Negotiable…
Section 118(b) rebuttably presumes that an instrument bearing a date was made or drawn on that date, not before it. The introductory wording of section 118 allows contrary…
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As per Section 118 of the Negotiable Instruments Act, presumption in regard to the date of a Negotiable Instrument is that every Negotiable Instrument bearing a date was made or drawn:
Answer and explanation
Correct answer A
Section 118(b) rebuttably presumes that an instrument bearing a date was made or drawn on that date, not before it. The introductory wording of section 118 allows contrary proof.
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