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- Insufficient funds in your account to clear the cheque.
- Missing signature(s)
- Signature(s) differ from specimen signature(s) in the bank's record.
- Post-dated.
- Stale cheque (cheque which is dated more than 6 months ago)
- Amount in words and figures differ.
- Account closed or "legally blocked" account
NatalieR answered the question on February 15, 2022 at 00:58
- The creation of bailor/bailee relationship arises where a person called the bailee is given
control of the property of another person called bailor for a specific...(Solved)
The creation of bailor/bailee relationship arises where a person called the bailee is given
control of the property of another person called bailor for a specific purpose e.g., where a
customer of a bank deposits valuables in safe custody with the intention that on request
they will be returned to him/her. However, whether a banker is a bailee for reward or for free he/she must take the highest standard of care expected from person undertaking business of banking. Briefly explain the Liability attaching to bailee.
Date posted: February 15, 2022. Answers (1)
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Date posted: February 14, 2022. Answers (1)