The legal obligation to honour cheques is subject to:

Related MCQs

• One of the conditions to honour the cheque by the paying banker is that amount in figures and words should---------.
• Where a customer by a letter has advised the bank directing the banker not to honour/pay a particular cheque such a letter is called
• When a banker collects cheques, dividend warrants, bills or other services on behalf of the customer, the banker the banker acts as an__________
• The interest which insured has in the subject matter of the insurance is called …………………………………….
• Human life is the subject matter of a contract of_______________
• The subject matter of insurance is ___________
• _________means as complete loss or destruction of the subject matter in the policy
• Which is not a subject matter of marine insurance
• The Kisan credit card (KCC) is valid for normally a period of _____years subject to annual review
• ________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to the insurer after indemnity has been effected.