MCQOPTIONS
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| 1. |
A cheque has been deposited by a customer with his bank for collection. The bank allows overdraftagainst the security thereof. The bank becomes |
| A. | Holder of the cheque |
| B. | Holder in due course |
| C. | Holder for value |
| D. | Drawer of the cheque |
| Answer» D. Drawer of the cheque | |