how payment made with cheques
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Payment by cheque. When payment for goods or services is made by cheque, it is a conditional payment. ... The cheque is stolen from B by C who forges B's endorsement and cashes it through the banking system in circumstances where the bank is protected and A's account is debited.
Answered by
1
Answer:
Payment by cheque. When payment for goods or services is made by cheque, it is a conditional payment. ... The cheque is stolen from B by C who forges B's endorsement and cashes it through the banking system in circumstances where the bank is protected and A's account is debited.
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