Not Negotiable on a cheque means
COMMERCE
WAEC 2013
Not Negotiable on a cheque means
- A. ownership can be transferred to the third party by mere delivery
- B. the cheque can be paid over the counter on endorsement
- C. the holder has no better title than the person person who transfers it
- D. ownership rests with the one who issued the cheque
Correct Answer: C. the holder has no better title than the person person who transfers it
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