W]. State whether the following statements are true or false. and, referring to any relevant authority. provide a brief explanation or comment justifying your selection: [a] A cheque is a negotiable instrument. {b} If a bank is an unsecured creditor, it can sue the debtor personally for repayment of the debt owed, as well as directly seize any of the debtor's property. (c) The ASIC Act 2901 deals with and provides remedies for various forms of misbehaviour by financial service providers. including Authorised Deposittaking Institutions. (:1) All credit contracts are regulated by the National Consumer Credit Code. (e) The eFayment Code identifies. but also excludes, the types of transaction to which the Code applies. {f} There are some aspects of a bank's business operations that are regulated byAStC. {g} Ajoint sav'rngs account held by two customers with a bank usually carries joint liability only. in relation to any debt owing in respect of the account. (h) In spite of the existence of the Privacy Act 1938. the rule in Tournr'er's case is still relevant to the issue of a banker's duty of secrecy owed to customers. [D Under the Corporations Act 2001. the denition of a 'tinancial product' would include an interestbearing savings account held by a 'retail' customer. [i] Under the Australian Consumer Law's provisions dealing with unfair terms. upfront fees charged by a bank are not covered by this law