The banker's answer in case of dishonor of a cheque on a account of insufficiency of funds is generally
A) refer to drawer (rd)
B) no funds (nf)
C) not arrang
D) for (naf)
Correct Answer:
Verified
Q1: The relationship between a banker and its
Q3: The title of the endorsee will not
Q4: Travelers cheques are issue by
A)travel agencies
B)commercial banks
C)tourist
Q5: When a banker accepts the securities for
Q6: A right of appropriation first lies with
Q7: The period of limitation in case of
Q8: Pay order is issued by the banks
Q9: Certificate of Deposit cannot be issued by
A)scheduled
Q10: The recurring deposit account combine the characteristics
Q11: The drawee banker of a demand draft
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents