Question: Question One a. Differentiate between a bearer cheque and an order cheque. (6 marks) b. Explain and illustrate the various forms by which a cheque

Question One

a. Differentiate between a bearer cheque and an order cheque. (6 marks)

b. Explain and illustrate the various forms by which a cheque may be endorsed.

(8 Marks)

c. Provide six (6) possible reasons for which a cheque will be dishonoured.

(6 marks)

Question Two

a. The issue of high interest rates in Ghana has been of great concern to various stakeholders. Discuss the above statement within the context lending rates charged by universal banks. (10 marks)

b. Showhowtheunderlistedinfluencethelending(interest)ratesofuniversalbanks in Ghana

i. Monetary Policy Committee (5 marks)

ii. Ghana Reference Rate (GRR) (5 marks)

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