The risks involved in paying a post-dated cheque are?

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Q 1519334210.     The risks involved in paying a post-dated cheque are?



A

the drawer may issue other cheques which bear a date prior to the date of such a cheque and if the balance is insufficient, the bank may be held liable

B

an Attachment Order may be received attaching the balance in the account

C

the drawer may stop payment

D

All of the above

E

None of the above

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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