Cheque X is risky because when it gets stolen. anyone can put their name behind the cheque with the account number to get the money from the bank. What is Cheque X?

What type of crossing is it?

S81 (A) states that the account payee ___________ be transferable.

Can a post-dated cheque be used as a security?

Ali draws a cheque. He did not sign it in his original name in that cheque, but he signs it in his trade name, America Company. Even though he signed the cheque in his trade name the cheque is still valid. Which provision in BOE state this?

Which section protects the paying bank for the forged indorsement?

When the paying bank will not be liable and can be protected?

I. Paid in Good faith

II. Cheque is Forged

III. Paid with negligence

IV. Post-Dated cheque

S 95 of BOE shows which requirement need to be proof by the collecting bank?

Marfani & Co. Ltd v. Midland Bank Ltd- shows which element?

Can this post-dated cheque be paid across the counter?

Can the payment be made to any bank in special crossing although the cheque stated that payment needs to be made to Bank X?