CAF-4 | Ch-15 | PROVISIONS RELATING TO CHEQUES
CAF-4 Chapter-15 Provisions relating to cheques
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Business Law Quiz for the ICAP CA students.
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Question 1 of 10
1. Question
1 pointsCategory: CAF4Which instrument is immediately payable on demand?
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Question 2 of 10
2. Question
1 pointsCategory: CAF4Addition of the words “non-negotiable” to the crossing
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Question 3 of 10
3. Question
1 pointsCategory: CAF4Where a cheque bears across its face the name of the banker, the crossing is
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Question 4 of 10
4. Question
1 pointsCategory: CAF4A bill of exchange, other than a cheque, cannot be
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Question 5 of 10
5. Question
1 pointsCategory: CAF4Where a cheque bears across its face the words “A/c Payee” or “A/c Payee Only”, the crossing is
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Question 6 of 10
6. Question
1 pointsCategory: CAF4Mr. A sign the instruments in the following terms
1. “I promise to pay Mr. B or order Rs. 500/-“ 2. “I acknowledged myself to be indebted to Mr. B in Rs. 1000/- to be paid on demand, for value received”. 3. Mr. A promise to pay Mr. B sum of Rs. 500/- on the telephone. 4. “I am liable to pay to Mr. B Rs. 500/-“
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Question 7 of 10
7. Question
1 pointsCategory: CAF4Identify the following type of crossing on a cheque:
and Company
& Co
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Question 8 of 10
8. Question
1 pointsCategory: CAF4Identify the following type of crossing on a cheque:
___________
ABC Bank
___________
&
ABC Bank
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Question 9 of 10
9. Question
1 pointsCategory: CAF4Choose the incorrect statement in relation to crossing and payment of cheques:
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Question 10 of 10
10. Question
1 pointsCategory: CAF4The duty and authority of a banker to pay a cheque drawn on him by his customer are determined by:
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