Question on: SS2 Commerce - Crossed cheque
What is the difference between general crossing and special crossing?
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A
General crossing allows cashing at any bank, while special crossing is restricted to a specific bank.
B
General crossing restricts payment to a specific bank, while special crossing allows cashing at any bank.
C
General crossing requires the cheque to be deposited in a specific bank, while special crossing allows cashing at any bank.
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Correct Option: A
General crossing allows cashing at any bank, while special crossing is restricted to a specific bank.
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