Mention the presumptions of Negotiable Instruments.

1.	Mention the presumptions of Negotiable Instruments.
Answer» Presumptions of Negotiable Instrument: 1. Every negotiable instrument is presumed to have been drawn and accepted for consideration. 2. Every negotiable instrument bearing, a date is presumed to have been made or drawn on such a date. 3. It is presumed to have been accepted within a reasonable time after the date and before its maturity. 4. The transfer of a negotiable instrument is presumed to have been made before maturity. 5. When a negotiable instrument has been lost, it is presumed to have been duly stamped. 6. The holder of a negotiable instrument is presumed to be a holder in due course.

Answer»

Presumptions of Negotiable Instrument:

1. Every negotiable instrument is presumed to have been drawn and accepted for consideration.

2. Every negotiable instrument bearing, a date is presumed to have been made or drawn on such a date.

3. It is presumed to have been accepted within a reasonable time after the date and before its maturity.

4. The transfer of a negotiable instrument is presumed to have been made before maturity.

5. When a negotiable instrument has been lost, it is presumed to have been duly stamped.

6. The holder of a negotiable instrument is presumed to be a holder in due course.

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