The Definition of a Cheque Under the Cheques Act 1986

question 53

Multiple Choice

The definition of a cheque under the Cheques Act 1986 (Cth) stipulates that a cheque is really a certain kind of order.The definition does not include a requirement that such an order:

• A)Is conditional.
• B)Is addressed by a person to a financial institution.
• C)Is signed.
• D)That requires the financial institution to pay a sum on demand.

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Definitions:

Employee Resistance

Opposition or pushback from employees against changes or policies implemented by management, often due to fear of the unknown or loss of control.

Overcome

To successfully deal with or gain control over something challenging, such as an obstacle or difficulty.

Planned Change

A deliberate effort to improve a business or system through intentional interventions and strategies.

Overwhelmed

A state of feeling unable to cope due to excessive pressures or demands.