Multiple Choice
Which of the following would be most strongly influenced by an honoured cheque?
A) centralized clearing process
B) inadequate funds in an account
C) evidence of discharge of a debt
D) unambiguous payment instructions
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q19: A negotiable instrument is markedly different from
Q20: There are no defences available against a
Q21: The banks duty to honour cheques and
Q22: The contract that specifies the rights and
Q23: Which of the following international rules deals
Q25: A written contract that contains an unconditional
Q26: What concern did the legislation creating consumer
Q27: Describe the various models for electronic cashless
Q28: What is the main source of law
Q29: A bank draft is a form of