The instrument must be taken in good faith and with a ........

Commercial and Business Laws Negotiable Instrument Act

Download Solution PDF

The instrument must be taken in good faith and with a:

Interest

consideration

legal relation

business motive

छोटे Courses बड़े Results

Master Negotiable Instrument Act

Prepare through Micro-courses

Try Now

Explanation:

Consideration – It shall be presumed that every negotiable instrument was made or drawn for consideration, and that every such instrument when it was accepted, indorsed, negotiated or transferred, was accepted, indorsed, negotiated or transferred for consideration.