Multiple Choice
On 12 January 2016 Rajiv wrote a cheque to Brett.That cheque was dated for 28 January 2016.Although Rajiv had plenty of funds in his account when he wrote the cheque, he spent virtually every cent he had during a ridiculous gambling spree in the summer of 2016.Brett, who was unaware of that fact, finally presented the cheque to the bank for payment on 29 November 2016.Given the state of Rajiv's account, however, the bank refused to honour the cheque.At that point, Rajiv's cheque can be characterized as being
A) postdated, countermanded, and certified.
B) certified, postdated, and staledated.
C) staledated, overdrawn, and countermanded.
D) postdated, staledated, and overdrawn.
E) postdated, overdrawn, and certified.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Which of the following statements is TRUE
Q16: Which of the following are most likely
Q17: Which of the following defences may be
Q18: Which of the following statements is TRUE
Q19: Which of the following concepts is not
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