In what circumstances is a bank NOT entitled to refuse to pay a cheque?
A) The customer has become insane.
B) The cheque is six months old.
C) The customer has died.
D) The cheque is post-dated and that date has not yet arrived.
Correct Answer:
Verified
Q23: What is a cheque?
Q24: Adam writes a cheque in favour of
Q25: A person who has taken a cheque
Q26: Adam writes a cheque in favour of
Q27: The basic duty of a collecting bank
Q29: A bank cheque differs from an ordinary
Q30: In what circumstances would you write a
Q31: The case of: Commonwealth Trading Bank of
Q32: Which of the following statements about a
Q33: Crossing a cheque means that the cheque
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