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Law of Banking and Negotiable Instruments · Unit 4

Banking and NI exam question: Discuss the presumption under section

The question (15 marks)

Discuss the presumption under section 139 of the Negotiable Instruments Act 1881, the standard by which it may be rebutted, and its application to a cheque dishonoured on stop payment instructions. (15 marks)

MU Module 4, head 4.1; pack chapter on dishonour of a cheque under section 138.

Plan your answer on paper before you look at the authorities — issue first, then the rule, then apply it to these facts.

It tests Unit 4 · Negotiable Instruments and the Debt Recovery Tribunals of Law of Banking and Negotiable Instruments.

Authorities you will need

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