Which of the Following Is NOT a Real Defence to an Action

question 42

Multiple Choice

Which of the following is NOT a real defence to an action on a bill?

• A)misrepresentation
• B)incapacity of contract because of infancy
• C)cancellation of the instrument
• D)alteration of the instrument
• E)absence of delivery when the instrument is incomplete when taken

---

Definitions:

Voucher Number

A unique identifier assigned to a voucher, which is a document authorizing a payment or receipt in the accounting system.

Internal Control

Processes and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Separation Of Duties

is a preventive security measure in organizations to reduce the risk of fraud or error, requiring more than one person to complete key tasks.

Voucher System

A control mechanism in accounting that uses vouchers to record transactions and ensure expenditures are properly authorized.