Business Studies · Negotiable Instruments Act
In the context of negotiable instruments, the presence of a consideration is always ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Presumed or Implied until the contrary is proved✓
- 2Not implied at all
- 3Required to be explicitly proved by the holder first
- 4Deemed illegal
Correct answer
Presumed or Implied until the contrary is proved
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