Which of the Following Statements Is Not True in Relation

question 8

Multiple Choice

Which of the following statements is not true in relation to a 'holder in due course' in relation to a cheque?

• A)They take the cheque 'subject to defects in title' and may not succeed in enforcing payment if it is not paid.
• B)They must have provided valuable consideration in return for the cheque.
• C)They are entitled to payment even if the cheque is subject to 'defects in title'.
• D)They have the right to sue on and enforce the cheque if it is not paid.

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Definitions:

Price Consideration

The process of determining the price at which a product or service will be offered to the market, taking into account factors like cost, competition, and demand.

Internal Marketing

The promotion of a company's objectives, products, and services to its own employees, with the aim of increasing job satisfaction and maintaining high morale.

Increased Efforts

Enhanced or more vigorous attempts to accomplish a task or reach a goal, often requiring additional resources or energy.

Centralized Marketing Structures

Organizational layouts where decision-making and marketing activities are concentrated in a single or few locations, often at the headquarters.