MCQOPTIONS
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| 1. |
The endorsement on the cheque is fictitious and the collecting banker failed to check it the cheque ispaid by the paying banker |
| A. | collecting banker is not protected |
| B. | paying banker is protected |
| C. | collecting banker & paying banker are protected |
| D. | both are not protected |
| Answer» C. collecting banker & paying banker are protected | |