
banker and customer
Authored by joshy andrews
Arts
University
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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
this endorsement is made by an authorized person on behalf of another
partial endorsement
per pro endorsement
san frais endorsement
sans recourse endorsement
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
endorsement is always done on .......... of the instrument
the face
left side top corner
the back
right side top corner
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
in this type of endorsement, some of the rights of the endorser are waved
Facultative endorsement
conditional endorsement
restrictive endorsement
full endorsement
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
this crossing is to prevent a wrong person from obtaining payment instead of the actual owner of the cheque.
real crossing
general crossing
not negotiable crossing
account payee crossing
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
mentioning collecting banker's name on the left side top corner will be done under ....
general crossing
special crossing
open crossing
real crossing
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
this innovative method will increases the speed of processing cheques
MICR cheque
Cash cheque
crossed chques
stale cheque
7.
MULTIPLE SELECT QUESTION
1 min • 1 pt
tick any three cases in which bank can dishonour a cheque
countermanding instruction
antidated cheque
death of a customer
cash cheque
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