Special crossing - crossing on a cheque, Business Law and Ethics

Assignment Help:

Special Crossing - Crossing on a Cheque

Although S.76 (2) with such provides like "whether a cheque bears across its face an addition of, such the name like of a banker, whether may with or without such the words like "not negotiable", such addition constitutes a crossing so, and such the cheque is crossed especially and such to that banker"

Section S.77 provides that: like;

  1. A cheque may be crossed usually or specially through the drawer. So one is
  2. A cheque is uncrossed, whether the holder may cross it usually or specially so. One is
  3. A cheque is crossed usually, whether the holder may cross it specially so. One is
  4. A cheque is crossed usually or specially the holder such may add the words like "not negotiable" there. So one is
  5. A cheque is crossed usually, the banker to whom that it is crossed may again cross it usually to another banker about collection. So one is
  6. An uncrossed cheque so, or such a cheque crossed usually, is sent to a banker for collection, such he may cross it usually to himself there.

However the essence of a common crossing are such the two parallel transverse lines entire the essence of a essential crossing is the addition such of the name of a banker.


Related Discussions:- Special crossing - crossing on a cheque

Commencement, COMMENCEMENT: However section 46(4) of the constitution ...

COMMENCEMENT: However section 46(4) of the constitution offers that like, a law made through Parliament shall not come in operation whether it has been published in the Englan

Administrative function of chief justice, Administrative Function of Chief ...

Administrative Function of Chief Justice Where, he is the principal administrative officer of the judiciary And where, he is the chairman of the Judicial Service Commi

Casual vacancies - accounts and audit, CASUAL VACANCIES: By S.159 (6) ...

CASUAL VACANCIES: By S.159 (6) "The directors may fill any casual vacancy in th office of auditor, so further any there such vacancy maintaining the surviving or continuing au

What do you understand by business ethics, QUESTION 1 (1) What do you u...

QUESTION 1 (1) What do you understand by business ethics? (2) How can an ethical climate be improved in an organization? QUESTION 2 Explain the importance of stakeho

Executed consideration - types of consideration, Executed Consideration - T...

Executed Consideration - Types of Consideration Actually Executed consideration is constituted through something done by the plaintiff because to a promise made with the defen

Limited partnerships, Limited Partnerships Through virtue of the Limited...

Limited Partnerships Through virtue of the Limited Partnerships Act, such the liability of certain partners that may be limited to a certain extent. Further the chief provisions

Business ethics and public relations, Select an existing business that is d...

Select an existing business that is dealing with, or has recently dealt with, a negative public relations situation involving business ethics. You may also use your own company. Co

Discuss the anti-money laundering act 2002, QUESTION 1 Mr. Smith is goi...

QUESTION 1 Mr. Smith is going for his driving test at the Traffic Branch of the police force in Port- Louis. On his arrival, he approaches Police Constable Edouard to facilitat

Ethical decision making project, This activity brings together the ethical ...

This activity brings together the ethical issues, concepts, and statutes presented in your readings, lectures, and discussed in your chat sessions. You will select two (2) scenario

Undischarged bankrupts, Undischarged Bankrupts: S.188 provides that if...

Undischarged Bankrupts: S.188 provides that if an undischarged bankrupt acts as director of any company without leave of the court he shall be liable to imprisonment for a ter

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd