MCQOPTIONS
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| 1. |
Crossing denotes |
| A. | that the cheque will not be paid across the counter but will be credited to the account of the holder |
| B. | that the cheque cannot be transferred by the payee named therein |
| C. | that the cheque will be paid through clearing only |
| D. | a direction to the paying bank to make payment of the cheque through a bank |
| E. | none of the above |
| Answer» E. none of the above | |