MAIBANK BHD SINTOK, KEDAH Bank Islah Bhd Date: 03 05 2021 Pay ............................................... Ringgit Malaysia Three thousand only 1234 567890 7685493556564 .You have received the cheque above as a payment for selling a notebook to Mr X. Can you deposit the cheque in CBM Bank Bhd since you have a bank account in CBM Bank Bhd only? .You have deposited the cheque in the proper bank and money has been deposited into your account. Ramoo, the owner of the cheque wanted to sue you because he said that Mr X had stolen the cheque from him and given it to you. Are you entitled to the cheque if the cheque is complete and you do not know that it is a stolen cheque? . What protection does Islah Bank Bhd have if Ramoo wanted to sue it for what had happened?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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MAIBANK BHD
SINTOK, KEDAH

Bank Islah Bhd
Date: 03 05 2021
Pay ...............................................
Ringgit Malaysia Three thousand only


1234 567890 7685493556564


.You have received the cheque above as a payment for selling a notebook to
Mr X. Can you deposit the cheque in CBM Bank Bhd since you have a bank
account in CBM Bank Bhd only?


.You have deposited the cheque in the proper bank and money has been
deposited into your account. Ramoo, the owner of the cheque wanted to sue
you because he said that Mr X had stolen the cheque from him and given it to
you. Are you entitled to the cheque if the cheque is complete and you do not
know that it is a stolen cheque?

. What protection does Islah Bank Bhd have if Ramoo wanted to sue it for what
had happened?

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