Question: Question 2 Based on the cheque shown below answer the following questions: 11/3007 TA Chin Hoong Weng Fifty thousand only RM 50,000.00 Dash 0107924-140 100
Question 2 Based on the cheque shown below answer the following questions: 11/3007 TA Chin Hoong Weng Fifty thousand only RM 50,000.00 Dash 0107924-140 100 100 231.52 0. AN ORDER CHEQUE made payable to Chin Hoong Weng a) What is the category of this cheque? Is it a Bearer or Order Cheque? b) If this Cheque is issued by David Chan using RHB Bank, who is the Payee, Drawer and Drawee? c) Can this Cheque be encashed at the counter and what is the amount? d) Can Chin Hoon Weng pass the check to his brother and encash it at the bank? Why? e) When is the last date to use this Cheque
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