The drawee banker of a demand draft has received intimation of the loss of the draft from the purchaser.The banker should
A) stop the payment
B) exercise caution
C) refuse to accept the notice a
D) issue a duplicate draft
Correct Answer:
Verified
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
Q12: …………..is always drawn on a specified banker.
A)bill
Q13: A customer requests for issue of a
Q14: A and B have jointly hired a
Q15: Pay order is issued by the banks
Q16: When a banker collects a cheque for
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