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:

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)

The presumption as to the date of a negotiable instrument under section 118 is that, every negotiable instrument bearing a date was made or drawn

A

Prior to that date

B

On such date

C

May be on or prior to that date

D

None of the above

Read the following statements:
(1) There is a rebuttable presumption that a cheque bearing a date was made or drawn on such date.
(2) It cannot be presumed that the holder of a cheque is a holder in due course.
(3) There is an irrebuttable presumption that the cheque was made or drawn for consideration.
Select the correct answer:

A

All three above statements are correct

B

Only first statement is correct

C

The first and second statements are correct

D

None of the above

Consider the following statements in connection with deflection-type and null-type instruments: 1. Null-type instruments are more accurate than the deflection-type ones. 2. Null-type of instrument can be highly sensitive compared to a deflection-type instrument. 3. Under dynamic conditions, null-type instruments are less preferred to deflection-type instruments. 4. Response is faster in null-type instruments as compared to deflection-type instruments. Which of the above statements are correct?

A

1, 2 and 3

B

1, 2 and 4

C

1, 3 and 4

D

2, 3 and 4

Under section 118 of the Negotiable Instruments Act, 1881, it is presumed, until the contrary is proved, that every transfer of a negotiable instrument was made

A

After its maturity

B

Before its maturity

C

At its maturity

D

None of the above

Under section 118 of the Negotiable Instruments Act, 1881, it is presumed, until the contrary is proved, that every transfer of a negotiable instrument was made:

A

after its maturity

B

before its maturity

C

at its maturity

D

none of the above

Consider the following statements for deflection and null type instruments: 1. Deflection type of instruments are more accurate than null type of instruments. 2. Deflection type of instruments can be highly sensitive as compared with the null type of instruments. 3. Null type of instruments are more suitable for measurements under dynamic conditions than deflection type of instruments. Which of the above statements are not correct?

A

1 and 2 only

B

1 and 3 only

C

1, 2 and 3

D

2 and 3 only

Under Section 118 of Negotiable Instruments Act, 1881, what presumption shall not be made?

A

The holder of a cheque received the cheque for the discharge of any debt or other liability

B

Consideration

C

Time of acceptance

D

Order of indorsements

The different variant of Date() constructor to create date object is/are ___________ i. new Date(date) ii. new Date(milliseconds) iii. new Date(date string) iv. new Date(year, month, date)

A

) ] i, ii and iii only

B

hour, minute, second, millisecond

C

hour, minute, second, millisecond

D

hour, minute, second, millisecond

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

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:

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