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A minor can be lawfully …. Of a cheque.
Drawer
Drawee
Payee
All of the above
- Let’s break down the options:
- Drawer: This is the person who writes and signs the cheque. A minor cannot draw a valid cheque because a minor can’t enter into a binding contract.
- Drawee: This is usually the bank where the cheque is presented. A minor cannot be a bank or act as a drawee.
- Payee: This is the person to whom the amount is payable. A minor can lawfully be a payee since receiving money does not involve contract liability.
- All of the above: Not correct, as explained above.
Option 3 – Payee – is the correct answer.
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