Which of the Following Defences Is Available to the Drawer

question 38

Multiple Choice

Which of the following defences is available to the drawer of a cheque who is being sued by a holder in due course of a negotiable instrument?

• A)The cheque was obtained through breach of contract.
• B)The payee was negligent.
• C)The drawer's signature was a forgery.
• D)The cheque was obtained through misrepresentation.
• E)A and B

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Definitions:

Periodic Operating Report

A document that provides an update on an organization's operations and performance over a specific time period.

Progress Report

A document or presentation that outlines the current status of a project or task, detailing what has been accomplished and what remains to be done.

Audience's Expectations

The anticipations or beliefs about what will or should happen, held by the audience.

Medium

A means or channel of communication, such as television, radio, print, or digital platforms, through which information or messages are conveyed.