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--- Customer
relationship.
20)
The duty of secrecy and duty to honour the cheques subject to
balance in the accounts are the most important duties of a
---------------- Ans: Banker.
21)
The relationship between banker and customer is terminated
on the event of -------- Ans: Death of the customer , Insolvency of the
customer or Lunacy of the customer
22)
Right of appropriation of the money received from a person
who has availed many Credit facilities is dealt in Contract Act
Section ------------- Ans 59 to 61 of the Contract act 1872.
23)
As per Section 61 of the Contract act 1872 , in case neither the
debtor indicates nor the creditor appropriates the payment shall
be applied in discharging of debts in the order of ------------Ans Time.
24)
In respect of a running account where an overdraft has been
allowed, and where there are credits and debits received regularly ,
the order in which the credit entry will set off the debit entry is the
chronological order . This rule is called
----------- Ans: Rule in
Claytons Case.