Question
Presumption under Section 118 of NI Act states that
Solution
Section 118 NI Act - Presumptions as to negotiable instruments.—Until the contrary is proved, the following presumptions shall be made:— (a) of consideration:—that every negotiable instrument was made or drawn for consideration, and that every such instrument, when it has been accepted, indorsed, negotiated or transferred, was accepted, indorsed, negotiated or transferred for consideration;
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
Only cloth are cotton
Some cloth are Nylon
Only a few Nylon are woolen
Conclusions:
I. At least some ...
Statement:
All badmintons are rackets.
Some rackets are rubbers.
No rubber is a string.
Conclusion:
I. Some strin...
All foxes cannot be huts. No look is a hut.
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                               All pencil are mobile.
...
Statement:
Only a few Wood is Metal.
Only Metal is Glass.
No Metal is Marble
Conclusion:
I. No Wood is Glass.
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Only Beginners is Race
No Starter is Beginners
All Awards re Beginners
Conclusions:
I. All Beginners bein...
In the question below there are three statements followed by three conclusions I, II, and III. You have to take the three given statements to be true ...
Statements:
Only a few Bullet are Gun.
Only Gun are Shoot.
Some Gun are Rifle.
All Sticker are Rifle.
Conclusion:
...