in his book Banking Law? a. A banker is one who in the additional course of his business, discounts bill drawn upon him by persons from and for whom he pays on accounts b. A banker is one who in the ordinary course of his business, honors cheques drawn upon him by persons from and for whom he receives on accounts c. A banker is one who in the future course of his business, provides loans to persons from and for whom he receives on accounts d. A banker is one who in the special course of his business, honors demand drafts dawn upon him by persons from and for whom he pays on accounts

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter17: The Management Of Cash And Marketable Securities
Section: Chapter Questions
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Identify which one of the following is the definition of banker given by Dr. H.L. Hart defined in his book Banking Law?
a.
A banker is one who in the additional course of his business, discounts bill drawn upon him by persons from and for whom he pays on accounts
b.
A banker is one who in the ordinary course of his business, honors cheques drawn upon him by persons from and for whom he receives on accounts
c.
A banker is one who in the future course of his business, provides loans to persons from and for whom he receives on accounts
d.
A banker is one who in the special course of his business, honors demand drafts dawn upon him by persons from and for whom he pays on accounts
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