A Company Cheque for Payment Must Be Signed By

question 32

Multiple Choice

A company cheque for payment must be signed by:

• A)a person specifically authorised by the company.
• B)the external auditor.
• C)any employee of the company.
• D)a bank employee.

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Definitions:

Fundamental Right

A right considered to be essential for the liberty or well-being of individuals, often protected by law.

U.S. Supreme Court

The highest federal court in the United States, which has ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Amendments

Changes or additions made to a legal document or constitution.

Contractual Relationship

A legal connection between two or more parties that is established by a contract, outlining the rights and obligations of each party.