Bankers Draft – Knowsia

PBL – APR 2016 – L1 – Q1 – Cheques, Crossings, Authority Revocation, and Banker’s Draft

Define a cheque, explain types of crossings and effects, list circumstances for revoking banker's authority to pay cheques, and explain why a banker's draft is not a cheque.

Question

a. What is a cheque? (6 marks)

b. Explain the various types of crossing on a cheque and their effect. (8 marks)

c. Give four circumstances in which the authority of a Banker to pay cheques may be revoked or determined. (8 marks)

d. Why is a Banker’s draft not a cheque?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banker Authority, Bankers Draft, Cheques, Crossing Types, Revocation Circumstances
Level: Level 1

Topic: Cheques and other Means of Payment
Series: APRIL 2016

PBL – APR 2016 – L1 – Q1- Cheques Definition Crossings Revocation Draft

Define a cheque; explain types of crossings and effects; circumstances for revocation of banker's authority to pay cheques; why a banker's draft is not a cheque.

Question

a. What is a cheque?

b. Explain the various types of crossing on a cheque and their effect.

c. Give four circumstances in which the authority of a Banker to pay cheques may be revoked or determined. Why is a Banker’s draft not a cheque?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banker Authority Revocation, Bankers Draft, Cheque Definition, Crossings Types, Effects
Level: Level 1

Topic: Banking Transactions
Series: APRIL 2016

PBL – APR 2016 – L1 – Q1 – Cheques, Crossings, Authority Revocation, and Banker’s Draft

Define a cheque, explain types of crossings and effects, list circumstances for revoking banker's authority to pay cheques, and explain why a banker's draft is not a cheque.

Question

a. What is a cheque? (6 marks)

b. Explain the various types of crossing on a cheque and their effect. (8 marks)

c. Give four circumstances in which the authority of a Banker to pay cheques may be revoked or determined. (8 marks)

d. Why is a Banker’s draft not a cheque?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banker Authority, Bankers Draft, Cheques, Crossing Types, Revocation Circumstances
Level: Level 1

Topic: Cheques and other Means of Payment
Series: APRIL 2016

PBL – APR 2016 – L1 – Q1- Cheques Definition Crossings Revocation Draft

Define a cheque; explain types of crossings and effects; circumstances for revocation of banker's authority to pay cheques; why a banker's draft is not a cheque.

Question

a. What is a cheque?

b. Explain the various types of crossing on a cheque and their effect.

c. Give four circumstances in which the authority of a Banker to pay cheques may be revoked or determined. Why is a Banker’s draft not a cheque?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banker Authority Revocation, Bankers Draft, Cheque Definition, Crossings Types, Effects
Level: Level 1

Topic: Banking Transactions
Series: APRIL 2016

Question Tag: Bankers Draft

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PBL – APR 2016 – L1 – Q1 – Cheques, Crossings, Authority Revocation, and Banker’s Draft

Define a cheque, explain types of crossings and effects, list circumstances for revoking banker's authority to pay cheques, and explain why a banker's draft is not a cheque.

PBL – APR 2016 – L1 – Q1- Cheques Definition Crossings Revocation Draft

Define a cheque; explain types of crossings and effects; circumstances for revocation of banker's authority to pay cheques; why a banker's draft is not a cheque.

PBL – APR 2016 – L1 – Q1 – Cheques, Crossings, Authority Revocation, and Banker’s Draft

Define a cheque, explain types of crossings and effects, list circumstances for revoking banker's authority to pay cheques, and explain why a banker's draft is not a cheque.

PBL – APR 2016 – L1 – Q1- Cheques Definition Crossings Revocation Draft

Define a cheque; explain types of crossings and effects; circumstances for revocation of banker's authority to pay cheques; why a banker's draft is not a cheque.

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PBL – APR 2016 – L1 – Q1 – Cheques, Crossings, Authority Revocation, and Banker’s Draft

Define a cheque, explain types of crossings and effects, list circumstances for revoking banker's authority to pay cheques, and explain why a banker's draft is not a cheque.

You're reporting an error for "PBL – APR 2016 – L1 – Q1 – Cheques, Crossings, Authority Revocation, and Banker’s Draft"

PBL – APR 2016 – L1 – Q1- Cheques Definition Crossings Revocation Draft

Define a cheque; explain types of crossings and effects; circumstances for revocation of banker's authority to pay cheques; why a banker's draft is not a cheque.

You're reporting an error for "PBL – APR 2016 – L1 – Q1- Cheques Definition Crossings Revocation Draft"

PBL – APR 2016 – L1 – Q1 – Cheques, Crossings, Authority Revocation, and Banker’s Draft

Define a cheque, explain types of crossings and effects, list circumstances for revoking banker's authority to pay cheques, and explain why a banker's draft is not a cheque.

You're reporting an error for "PBL – APR 2016 – L1 – Q1 – Cheques, Crossings, Authority Revocation, and Banker’s Draft"

PBL – APR 2016 – L1 – Q1- Cheques Definition Crossings Revocation Draft

Define a cheque; explain types of crossings and effects; circumstances for revocation of banker's authority to pay cheques; why a banker's draft is not a cheque.

You're reporting an error for "PBL – APR 2016 – L1 – Q1- Cheques Definition Crossings Revocation Draft"

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