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Commerce - CBSE UGC NET Previous Years Solved Question with Answers Paper II, June 2013

Q.

When a customer, by a letter has advised the bank not to honour/pay a particular cheque, such letter is called ______

[A]Cancellation letter
[B]Garnishee letter
[C]Mandate
[D] None of the above

Answer & Explanation

Answer: Option [D]

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