4. Why is it important that cheques should be very carefully drawn?

5. (_a_) A cheque has no date. Does this make it void? (_b_) How about

a cheque dated months ago? (_c_) Is a cheque dated on Sunday good?

(_d_) Why are cheques sometimes dated ahead? (_e_) Are you at liberty

to print your own form of cheque? (_f_) Is it necessary that your

cheque be written on the prescribed blank form? (_g_) How would you

write a cheque for 75 cents?

6. How would you word a cheque to give to a person who is unknown at

your bank, but who wishes to draw the money over the counter?

7. You are sending a cheque through the mails to John Brown,

Philadelphia. How will you prevent the cheque from falling into

the hands of the wrong John Brown?

8. You identify A. B. at your bank. The cheque A. B. presented turns

out to be a forgery. Are you responsible?

9. A. B. transfers a cheque to you by a blank indorsement. It is then

payable to bearer. How can you legally make it payable to your own

order?

10. What is meant by power-of-attorney? How should an attorney indorse

cheques for any person for whom he is acting?

11. If a note were about to be transferred to you by indorsement and

delivery in payment of a debt, would it make any difference to you

whether or not it was overdue? Explain in full.

12. Tell how you would receipt for a payment of a note. Why is not an

ordinary separate receipt sufficient?

13. Why are notes protested? Why is a formal protest sometimes desired

even though the paper bears no indorsements?

14. If an indorser is compelled to pay a note, against whom has he a

good claim?

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