(a) Explain the following terms: (i) bearer cheque (ii) open cheque (iii) order cheque (iv) crossed cheque. (b) Explain any six factors which a bank manager...

Question 1 Report

(a) Explain the following terms:
(i) bearer cheque
 (ii) open cheque
(iii) order cheque
 (iv) crossed cheque.

(b) Explain any six factors which a bank manager would take into consideration in evaluating an application for a loan. 
 

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