(i) Signing on the backside of the cheque to transfer its ownership.

(i) Signing on the backside of the cheque to transfer its ownership.
by

1 Answer

Answer :

Give a word/term or phrase for each of the following statements: (i) Signing on the backside ... used for depositing cash or cheque into the bank.
by
selected by

Related questions

What was on the backside of a dollar bill before 1935?

Description : What was on the backside of a dollar bill before 1935?

Last Answer : answer:This quote from a site that is selling the 1934 $1 Silver Certificates: Information on these Silver Certificate Series 1934 One Dollar Bills: In 1923 all US Currency was changed to its current modern ... THE BEARER ON DEMAND . This change was made to reflect the Silver Purchase Act of 1934.

my potted lemon bush has yellowing leaves and white spots on the backside of leaves

Description : my potted lemon bush has yellowing leaves and white spots on the backside of leaves

Last Answer : Need Answer

What a toilet is called when it would blow water up your backside?

Description : What a toilet is called when it would blow water up your backside?

Last Answer : I believe you are thinking of a bidet.

Considering corms of natural vegetative propagation, buds are present at a) Front side of corm b) Backside of corm c) Top of corm d) End of corm

Description : Considering corms of natural vegetative propagation, buds are present at a) Front side of corm b) Backside of corm c) Top of corm d) End of corm

Last Answer : c) Top of corm

If the endorser signs, but does not give his/her name to whom he/she wishes to transfer the cheque is called _________ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Blank Endorsement

Description : If the endorser signs, but does not give his/her name to whom he/she wishes to transfer the cheque is called _________ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Blank Endorsement

Last Answer : E. Blank Endorsement Explanation: If the endorser signs, but does not give his name to whom he wishes to transfer the cheque is called Blank Endorsement.

The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof B. The payment by a bank on a negotiable instrument after due verification of the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above.

Description : The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the ... the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above

Last Answer : A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof

................. uses electronic means to transfer funds directly from one account to another rather than by cheque or cash? (A) M-Banking (B) E-Banking (C) O-Banking (D) C-Banking

Description : ................. uses electronic means to transfer funds directly from one account to another rather than by cheque or cash? (A) M-Banking (B) E-Banking (C) O-Banking (D) C-Banking

Last Answer : (B) E-Banking

If you sign your title of the car over to the buyer, are you in anyway responsible for the car even if the buyer doesn't file the transfer of ownership?

Description : If you sign your title of the car over to the buyer, are you in anyway responsible for the car even if the buyer doesn't file the transfer of ownership?

Last Answer : answer:Actually, nothing is official, until you and the new owner receive the formal title transfer from your state. Are you liable if this person never transfers the title over? Off-hand, I would not think ... contact the buyer and ask him what the holdup is on the title transfer, just to be safe.

Does affidavit of surviviorship give legal rights and transfer of ownership to a spouse not on the loan?

Description : Does affidavit of surviviorship give legal rights and transfer of ownership to a spouse not on the loan?

Last Answer : answer:If the wife's name is not on the loan, the loan will need to be paid out of the husband's estate. The wife is now the owner of the property subject to the mortgage. If the mortgage ... m not sure about your question regarding proof. Are you in the USA? This is an opinion, not legal advice.

how to transfer title of ownership?

Description : how to transfer title of ownership?

Last Answer : Need Answer

How to transfer the ownership of a car in California?

Description : How to transfer the ownership of a car in California?

Last Answer : vvvv b b b g h h u ii o pp o i u t r w a sdfgh jk l m n bvcx se rt y io iu yt rew q sd fg hj k n bvc x se rt yui o o iu yg b n m n bv dw er tyu io j n

How to transfer vehicle ownership?

Description : How to transfer vehicle ownership?

Last Answer : Anyone can transfer his vehicle ownership by submitting some documents in RTO office like-- * Filled up form number 31 which is vehicle ownership transfer form. * Death certificate in relation to the ... registration and the insurance. * Proof of succession. * Aadhar card. * Passport size photo.

1. The transfer of ownership from the public sector to the private sector.

Description : 1. The transfer of ownership from the public sector to the private sector.

Last Answer : Suggest the economic terms for given statements: 1. The transfer of ownership from the public ... . 6. Policy providing incentives to exporters.

A charge where there is neither the transfer of ownership nor the possession is called _______ A. Pledge B. Hypothecation C. Mortgage D. Lien E. None of the Above

Description : A charge where there is neither the transfer of ownership nor the possession is called _______ A. Pledge B. Hypothecation C. Mortgage D. Lien E. None of the Above

Last Answer : B. Hypothecation Explanation: A charge against property for an amount of debt where neither ownership nor possession is passed to the creditor.

What is the essence of the bailment a) Transfer of ownership b) Transfer of possession c) A and B d) None of these

Description : What is the essence of the bailment a) Transfer of ownership b) Transfer of possession c) A and B d) None of these

Last Answer : b) Transfer of possession

A cheque drawn on any bank located at the same station as that of the head post office and accepted at any of its sub offices will also be regarded as----------- a. Local Cheque b . Outstation Cheque

Description : A cheque drawn on any bank located at the same station as that of the head post office and accepted at any of its sub offices will also be regarded as----------- a. Local Cheque b . Outstation Cheque

Last Answer : a. Local Cheque

For the purpose of attracting the provisions of section 138 of the Negotiable Instruments Act, 1881, a cheque has to be presented to the bank A. Within a period of six months B. Within a period of six months from the date on which it is drawn or within the period of its validity, whichever is earlier C. Within a period of 15 days from the date on which it is drawn D. None of the above.

Description : For the purpose of attracting the provisions of section 138 of the Negotiable Instruments Act, 1881, a cheque has to be presented to the bank A. Within a period of six months B. Within a period of six ... . Within a period of 15 days from the date on which it is drawn D. None of the above.

Last Answer : B. Within a period of six months from the date on which it is drawn or within the period of its validity, whichever is earlier

When a cheque bears across its face an addition of the name of a banker, either with or without the words not negotiable, the cheque is considered to have been crossed A. Specially B. Generally C. Normally D. Either a or b or c

Description : When a cheque bears across its face an addition of the name of a banker, either with or without the words not negotiable, the cheque is considered to have been crossed A. Specially B. Generally C. Normally D. Either a or b or c

Last Answer : A. Specially

Can you write yourself a cheque?

Description : Can you write yourself a cheque?

Last Answer : I don’t think it would clear because it would look like you were just trying to bounce it.

2 year old cheque still good?

Description : 2 year old cheque still good?

Last Answer : Nope. They expire after 6 months.

If a bank account is only overdrawn by 85c, can they still 'bounce' a customer's cheque?

Description : If a bank account is only overdrawn by 85c, can they still 'bounce' a customer's cheque?

Last Answer : It doesn’t matter if it’s 85 cents or 85 dollars. To a bank, overdrawn is overdrawn.

Which method of paying bills makes you feel more secure, mailing away a cheque or paying online with a credit card?

Description : Which method of paying bills makes you feel more secure, mailing away a cheque or paying online with a credit card?

Last Answer : I use one credit card for everything. Then I pay the monthly bill online. I have never had a moment’s problem.

On a job i just quit i think there was an extra 100 dollars on my cheque,what do i do?

Description : On a job i just quit i think there was an extra 100 dollars on my cheque,what do i do?

Last Answer : answer:this is one of those gray area kind of questions. some follow the finders keepers ideology while others would question ethics. Are you positive that the extra 100 dollar wasn't some sort of ... what you think is right or wrong. Hope that helps you make whatever decision is right for you.

What is a cheque? How does it replace currency? -SST 10th

Description : What is a cheque? How does it replace currency? -SST 10th

Last Answer : A cheque is a paper instructing the bank to pay a specific amount from the person's account to the person in whose name the cheque has been drawn. . The facility of cheque against demand ... bank account to another in a couple of days. The transaction is complete without any payment of cash.

How is the facility of cheque useful? -SST 10th

Description : How is the facility of cheque useful? -SST 10th

Last Answer : A cheque is a paper instructing the bank to pay a specific amount from a person's account to the person in whose name the cheque has been issued. The payer,who has an account with ... facility of cheques against demand deposits makes it possible to directly settle payments without the use of cash.

What is a Cheque ? -SST 10th

Description : What is a Cheque ? -SST 10th

Last Answer : A Cheque is a paper instruction to the bank to pay a specific amount from the person’s account to the person in whose name the cheque has been issued.

Which is called a ‘banker’s cheque’ ? -General Knowledge

Description : Which is called a ‘banker’s cheque’ ? -General Knowledge

Last Answer : The answer is 'Demand draft'

Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Last Answer : The answer is 'Mahatma Gandhi'

A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Last Answer : answer:

A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Last Answer : answer:

Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Last Answer : answer:

Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Last Answer : answer:

Which is called a ‘banker’s cheque’ ? -General Knowledge

Description : Which is called a ‘banker’s cheque’ ? -General Knowledge

Last Answer : answer:

Who is the author of the book "Cheque book" ? -General Knowledge

Description : Who is the author of the book "Cheque book" ? -General Knowledge

Last Answer : Vasdev Mohi is the author

What are the differences between payment voucher, journal and cheque?

Description : What are the differences between payment voucher, journal and cheque?

Last Answer : paying cheques drawn by customers in the bank, and collecting cheques deposited to customers' current accounts. Banks also enable customer payments via other payment methods such as Automated ... is considered indispensable by most businesses and individuals. Non-banks that provide payment service

Does a bounced cheque affect your credit score, even if no loan payment is involved?

Description : Does a bounced cheque affect your credit score, even if no loan payment is involved?

Last Answer : Bounced cheque doesn't affect the credit score until the payment is related to a loan transaction.Banks doesn't report transactions to credit bureaus. but remember that when you take a loan in ... transactions.but if the same problem persists then bank could deny the loan. hope this helps

Cheque deposited into Bank increases the Bank balance as per Cash Book.

Description : Cheque deposited into Bank increases the Bank balance as per Cash Book.

Last Answer : State whether the following statement are True or False with reason : Cheque deposited into Bank increases the Bank balance as per Cash Book.

When cheque is ________ into bank Cash Book is debited. 

Description : When cheque is ________ into bank Cash Book is debited. 

Last Answer : When cheque is ________ into bank Cash Book is debited. (a) written (b) issued (c) deposited (d) dishonoured

(i) Check deposited into Bank but not cleared is called _________ cheque.

Description : (i) Check deposited into Bank but not cleared is called _________ cheque.

Last Answer : Complete the following statements: (i) Check deposited into Bank but not cleared is called _________ ... type of bank account is open by trader.

(i) Refusal by the bank to make payment of a cheque.

Description : (i) Refusal by the bank to make payment of a cheque.

Last Answer : Give one word/term/phrase which can substitute each of the following statements: (i) Refusal ... making payment to outside parties through the bank.

1 Received cheque from Head Cashier ₹ 2,700. 

Description : 1 Received cheque from Head Cashier ₹ 2,700. 

Last Answer : Enter the following transaction in an analytical petty cash book under the imprest system for the month of ... 27 Purchase a wooden chair for ₹ 275.

1 Cash Balance ₹ 33,000 Bank Balance ₹ 8,000 3 Received from Prerna cash ₹ 2,750 and a bearer cheque for ₹ 645. 

Description : 1 Cash Balance ₹ 33,000 Bank Balance ₹ 8,000 3 Received from Prerna cash ₹ 2,750 and a bearer cheque for ₹ 645. 

Last Answer : Enter the following transaction of Hariram Bros, in a cash book with cash and bank column for the month of ... the bank all cash in excess of ₹ 5,000.

(i) When a bank refuses to make the payment of the cheque, it is said to be ________

Description : (i) When a bank refuses to make the payment of the cheque, it is said to be ________

Last Answer : Complete the following sentences: (i) When a bank refuses to make the payment of the cheque, ... v) _________ advance is given to the petty cashier.

A cheque received and deposited into the bank on the same day is a contra entry.

Description : A cheque received and deposited into the bank on the same day is a contra entry.

Last Answer : State whether the following statement are True or False with reason : A cheque received and deposited ... bank on the same day is a contra entry.

(i) Issue of Bearer cheque record on payments side of cash book in Bank Column.

Description : (i) Issue of Bearer cheque record on payments side of cash book in Bank Column.

Last Answer : Do you agree with the following statements : (i) Issue of Bearer cheque record on payments ... transactions are recorded in the cash book only.

Who is a payee in case of cheque?

Description : Who is a payee in case of cheque?

Last Answer : Who is a payee in case of cheque?

What is a cheque?

Description : What is a cheque?

Last Answer : What is a cheque?

What do you mean by crossed cheque?

Description : What do you mean by crossed cheque?

Last Answer : What do you mean by crossed cheque?

What is a dishonour of cheque?

Description : What is a dishonour of cheque?

Last Answer : What is a dishonour of cheque?

Which account is credited when Salary is paid by cheque?

Description : Which account is credited when Salary is paid by cheque?

Last Answer : Which account is credited when Salary is paid by cheque?