Sir John Paget defined ‘customer’ of bank as: a. "To constitute a customer there must be some recognizable course or habit of dealing in the nature of regular banking business." b. "To constitute a customer there need not be some recognizable course or habit of dealing in the nature of regular banking business." c. "To constitute a customer there must be only one course or habit of dealing in the nature of regular banking business." d. "To constitute a customer there must be some recognizable course or habit of dealing in the nature of special type of banking services."
Sir John Paget defined ‘customer’ of bank as: a. "To constitute a customer there must be some recognizable course or habit of dealing in the nature of regular banking business." b. "To constitute a customer there need not be some recognizable course or habit of dealing in the nature of regular banking business." c. "To constitute a customer there must be only one course or habit of dealing in the nature of regular banking business." d. "To constitute a customer there must be some recognizable course or habit of dealing in the nature of special type of banking services."
Chapter16: Monetary Policy
Section: Chapter Questions
Problem 2SQ
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Sir John Paget defined ‘customer’ of bank as:
a.
"To constitute a customer there must be some recognizable course or habit of dealing in the nature of regular banking business."
b.
"To constitute a customer there need not be some recognizable course or habit of dealing in the nature of regular banking business."
c.
"To constitute a customer there must be only one course or habit of dealing in the nature of regular banking business."
d.
"To constitute a customer there must be some recognizable course or habit of dealing in the nature of special type of banking services."
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