Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

In case of banker’s refusal to honour the cheque inspite of sufficient funds incustomer’s account, the banker is

/ » Laws and Ethics solved MCQs / By
Question:

In case of banker’s refusal to honour the cheque inspite of sufficient funds incustomer’s account, the banker is

A.

liable to compensate the drawer.

B.

not liable to compensate the drawer .

C.

criminally liable under section 138.

D.

liable to be delisted.

Answer» a. liable to compensate the drawer.

Note: The above multiple-choice question is for all general and Competitive Exams in India.