The correct answer is C. Stamp.
A negotiable instrument is a document that can be easily transferred from one person to another. It is a written promise to pay a certain amount of money to the bearer of the instrument. Negotiable instruments are often used in business transactions.
There are certain presumptions about negotiable instruments. These presumptions are based on the law of negotiable instruments. The presumptions are as follows:
- The instrument is prima facie valid. This means that the instrument is presumed to be valid unless there is evidence to the contrary.
- The instrument is prima facie genuine. This means that the instrument is presumed to be genuine unless there is evidence to the contrary.
- The instrument is prima facie payable to the bearer. This means that the instrument is presumed to be payable to the person who has possession of the instrument.
- The instrument is prima facie not overdue. This means that the instrument is presumed to be not overdue unless there is evidence to the contrary.
- The instrument is prima facie not dishonored. This means that the instrument is presumed to have not been dishonored unless there is evidence to the contrary.
The presumption about stamp is not one of the presumptions about negotiable instruments. This is because the stamp is not a necessary part of a negotiable instrument. A negotiable instrument can be valid even if it is not stamped.
The other options, A, B, and D, are all presumptions about negotiable instruments.
Option A, date, is a presumption about negotiable instruments. The date on a negotiable instrument is presumed to be the date on which the instrument was issued.
Option B, consideration, is a presumption about negotiable instruments. Consideration is something of value that is given in exchange for a promise. The presumption is that there was consideration for the issuance of a negotiable instrument.
Option D, absolute and good title to the transferee, is a presumption about negotiable instruments. The presumption is that the person who transfers a negotiable instrument has absolute and good title to the instrument.