The definition of a cheque under the Cheques Act 1986 (Cth) stipulates that a cheque is really a certain kind of order.The definition does not include a requirement that such an order:
A) is conditional.
B) is addressed by a person to a financial institution.
C) is signed.
D) that requires the financial institution to pay a sum on demand.
Correct Answer:
Verified
Q7: Johnny Little borrows $300 000 from Bank
Q8: Legal tender is best defined as:
A)cash payment.
B)currency
Q9: What is the effect of 'crossing' a
Q10: What is the effect of marking a
Q11: What is 'negotiability'?
A)The name for the principle
Q13: Which of the following statements about debit
Q14: In which of the following circumstances is
Q15: Which of the following terms is not
Q16: Which of the following steps is not
Q17: Which of the following transactions need not
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