BUSINESS LAW
(KHALID MAHMOOD CHEEMA)
CHAPTER NO.24 ( BANKERS AND CUSTOMER)
Banker: sec: 3-b
Banker means a person transaction the business of acceptance for the purpose of lendings, o inestement of deposits of oney from the public repayable on demand or otherwise. and withdrawable by the cheaqye, draft, or otherwise, and include any post office saving Bank.
Customer:The term customer of Bank is not defined, anywhere, Ordinarily a person who has an account in a bank is said to be a customer of the bank,
Rights and Obligation of the banker,
Protection to the Banker
a) Protection in case of order cheaques
b)Protection in case of Bearer cheaques
c)Protection in case of Dafts
d) no Protection in Forged Signature
Protection to the Colleccting Banker
page no 252-253 of book is the most imporatnt & much best Question with Answer , accordings to your course and papers
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