State whether the statements below are true or false and justify your answer with reference: (a) Money in a bank account belongs to the customer. (b) Deposits are contractual debt owed by the bank to its customer (c) Bank is liable for the loss of money from a bank robbery. (d) Banks are not the trustee of their customers money. (e) Current account cannot be opened in the name of a minor. (f) Banks are disallowed to disclose the information about their customer to government authorities even when the person is no longer their customer. (g) The drawers signature is only necessary to transfer a cheque. (h) Banks do not owe any duty to the drawer of a cheque. (i) There are special requirements when opening a company bank account. (j) A cheque marked Not Negotiable cannot be transferred. (k) Customers who draw cheques do not owe any duties to the paying bank. (l) A company may be declared bankrupt if it is insolvent. (m) Guarantee and indemnity have similar liabilities. (n) Credit reports can contain any information of prospective borrowers.