Law Quiz | Gkseries

Question

Which of the following statement is correct ?

A Open cheques are those which cannot be directly presented to the drawee bank for payment across the counter
B A 16 year old girl can draw a cheque
C Indorsement is written on front of a cheque
D Indorsement cannot be made by the holder of a negotiable instrument

Answer & Explanation

Answer:A 16 year old girl can draw a cheque