With respect to the party bearing the risk where payment of goods is made by cheque,the risk is borne largely by the payment system.
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Q49: Standard banking documents are designed primarily to
Q50: An endorsed cheque is an example of
Q51: Individuals who conduct contractual business with banks
Q52: The contract that specifies the rights and
Q53: A bank draft is a form of
Q55: A cheque endorsed in blank may be
Q56: Normally,the bank is not obligated to give
Q57: In situations where the bank fails to
Q58: Special endorsements stop the circulation of cheques
Q59: The banks duty to honour cheques and
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