A draws on Equity bank a cheque payable to R or order and forwards it to...
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A draws on Equity bank a cheque payable to R or order and forwards it to his agent, S, with instructions to hand it over to R. S forges R's endorsement and collects payment of the cheque. Can A recover the amount of the cheque from the bank? Give reasons to your answer. (5 marks) A draws on Equity bank a cheque payable to R or order and forwards it to his agent, S, with instructions to hand it over to R. S forges R's endorsement and collects payment of the cheque. Can A recover the amount of the cheque from the bank? Give reasons to your answer. (5 marks)
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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