An Important Rule in Regard to the Negotiability of Cheques

question 15

Multiple Choice

An important rule in regard to the negotiability of cheques is that:

• A)Some cheques are not subject to the nemo dat rule.They can be negotiated provided they are crossed with two parallel lines.
• B)all cheques are subject to the nemo dat rule.
• C)the nemo dat rule applies to cheques that are crossed 'not negotiable'.
• D)no cheques are subject to the nemo dat rule.

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Definitions:

Neurons

Nerve cells that transmit information through electrical and chemical signals in the body’s nervous system.

Blood Clot

A mass formed from platelets and fibrin in the blood to stop bleeding by clogging broken blood vessels.

Fibrinogen

A blood plasma protein that's converted into fibrin in the blood clotting process, playing a key role in wound healing.

Thrombin

Enzyme that is involved in blood clotting; acts on fibrinogen molecules to produce fibrin.