subject
Business, 11.08.2021 09:50 changemyfate69

mr david drew a cheque of $65000 against express bank plc in favour of Mr Sam as a birthday gift. the cheque was stolen by Johnson Crook who used the cheque on forged endorsement to buy a moblie phone from Madam Mary. Madam Mary in turn endorsed the cheque to her landlord in settlement of her shop's rent. Her landlord, Mr Daniel paid the cheque into his account for clearing. on presentation of the cheque to the payee bank, it was returned unpaid, the cheque having been countermanded by the drawer. (a)Justify the action of express bank plc in returning the cheque unpaid (b) what rights have mr Daniel if the cheque is negotiable and if the cheque was crossed not negotiable (c) would the cheque have been crossed specially; what would have been the effects of such crossing โ€‹

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 21:00
Describe what fixed costs and marginal costs mean to a company.
Answers: 1
question
Business, 22.06.2019 23:50
In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory
Answers: 2
question
Business, 23.06.2019 02:30
Cadillac's portfolio consists of sedans, a crossover, a sport utility vehicle, and a high-performance version of the sedan. the sedans are sold through the cadillac dealer network, but the high-performance version is sold in limited volumes and is not available at all dealers. this difference in availability is an example of how the products within the cadillac portfolio are differentiated by the
Answers: 3
question
Business, 24.06.2019 01:00
The price of good x has a pattern such that p = $3 on monday through thursday of every week, and p = $2 on fridays. if speculators begin participating in the market for good x, their actions will likely lead to a(n) in the price of good x on monday through thursday and a(n) in the price of good x on friday. a. decrease; increase b. decrease; decrease c. increase; decrease d. increase; increase
Answers: 1
You know the right answer?
mr david drew a cheque of $65000 against express bank plc in favour of Mr Sam as a birthday gift. th...
Questions
question
Computers and Technology, 23.10.2019 22:30
Questions on the website: 13722363