Question
1. Compare and Contrast the accounting opening procedures of personal and corporate accounts. 2. A cheque bearing a NOT NEGOTIABLE crossing is not a negotiable
1. Compare and Contrast the accounting opening procedures of personal and corporate accounts.
2. "A cheque bearing a NOT NEGOTIABLE crossing is not a negotiable instrument. However, such as cheque can still be transferred, but the transferee will not get a better title than the transferor." Do you agree with this statement? Explain with law principles
3. Suppose Peter forges his wife, Amy's signature and fraudulently withdraws, over a period of 1 year, a total sum of $1million from Amy's account. Amy knows about this but takes no action. What are the possible legal consequences Amy might face?
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Andersons Business Law and the Legal Environment
Authors: David p. twomey, Marianne moody Jennings
21st Edition
1111400547, 324786662, 978-1111400545, 978-0324786668
