Which of the Following Statements About a Cheque That Has

question 22

Multiple Choice

Which of the following statements about a cheque that has been crossed 'not negotiable' is NOT correct?

• A) The cheque cannot be cashed over the counter.
• B) The cheque cannot be negotiated.
• C) The transferee cannot take a better title than the transferor.
• D) The cheque cannot be transferred.

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Definitions:

Network

A group or system of interconnected people or things, often used for sharing information and resources.

Collaborate

The act of working together with one or more people in order to achieve a common goal or complete a task.

Supportive

Providing encouragement, emotional help, or material assistance to others.

Engaged

Deeply involved in an activity or engaged in active participation.