Question: commercial law exam . 11. Answer 'True' or 'False' based on the following: 1. Countermand of payment of cheques can be made orally. (1 mark)

commercial law exam . 11. Answer 'True' or 'False' based on

commercial law exam .

11. Answer 'True' or 'False' based on the following: 1. Countermand of payment of cheques can be made orally. (1 mark) I1. Dividends warrants are a form of negotiable instruments. (1 mark) All ante-dated cheques are invalid as they are stale or out of-date. (1 mark) IV. The person to whom the cheque is drawn payable is known as the drawee. (1 mark)

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