Describe the rights and duties of the banker, Business Management

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QUESTION

(a) In the banker-customer contractual relationship, each party has some rights and duties. Describe the rights and duties of both the banker and the customer, quoting relevant case law.

(b) With the aid of a diagram, explain the different parties on a cheque, drawn on XYZ Bank Ltd, La Tour Koenig Branch.

(c) Outline the different parties involved in a credit card transaction effected at a merchant.


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