When a banker accepts the securities for safe custody, the relationship between a banker and a customer is that of
A) a debtor and a creditor
B) trustee and beneficiary
C) principal a
D) agent
Correct Answer:
Verified
Q1: The relationship between a banker and its
Q2: The banker's answer in case of dishonor
Q3: The title of the endorsee will not
Q4: Travelers cheques are issue by
A)travel agencies
B)commercial banks
C)tourist
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
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