1. The relationship between a depositor and a banker is one of: A. Trustee and Beneficiary B. Member and depositor C. Debtor and creditor D. Bailor and bailee 2. What do you think are conditions that must be met if the banker is to honor the customer's cheques? 3. Can you describe any circumstances where it might be in the interest of the bank to divulge information about the affairs of one of its customers? 4. What duties does a customer have to his or her bank?
1. The relationship between a depositor and a banker is one of: A. Trustee and Beneficiary B. Member and depositor C. Debtor and creditor D. Bailor and bailee 2. What do you think are conditions that must be met if the banker is to honor the customer's cheques? 3. Can you describe any circumstances where it might be in the interest of the bank to divulge information about the affairs of one of its customers? 4. What duties does a customer have to his or her bank?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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1. The relationship between a depositor and a banker is one of:
A. Trustee and Beneficiary
B. Member and depositor
C. Debtor and creditor
D. Bailor and bailee
2. What do you think are conditions that must be met if the banker is to honor the customer's cheques?
3. Can you describe any circumstances where it might be in the interest of the bank to divulge information about the affairs of one of its customers?
4. What duties does a customer have to his or her bank?
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