Question

Case study-I (10 MARKS)
A Businessman sells one consignment of engineering goods to a distributor. He is paid by way of cheque for Rs 1040000/-, which is the consideration amount.
The cheque is presented for payment to his Bank. But after 4 days his Bank informs him that the particular cheque has been returned unpaid because of reason-“Difference in signature”.
What are the steps and actions to be taken by the businessman? Please bring this out in proper sequence.​

Answer 1

Answer:

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