would you word a cheque to give to a person who is unknown at
your bank, but who wishes to draw the money over the counter?

7. You are sending a cheque through the mails to John Brown,
Philadelphia. How will you prevent the cheque from falling into
the hands of the wrong John Brown?

8. You identify A. B. at your bank. The cheque A. B. presented turns
out to be a forgery. Are you responsible?

9. A. B. transfers a cheque to you by a blank indorsement. It is then
payable to bearer. How can you legally make it payable to your own
order?

10. What is meant by power-of-attorney? How should an attorney indorse
cheques for any person for whom he is acting?

11. If a note were about to be transferred to you by indorsement and
delivery in payment of a debt, would it make any difference to you
whether or not it was overdue? Explain in full.

12. Tell how you would receipt for a payment of a note. Why is not an
ordinary separate receipt sufficient?

13. Why are notes protested? Why is a formal protest sometimes desired
even though the paper bears no indorsements?

14. If an indorser is compelled to pay a note, against whom has he a
good claim?

NOTE TO THE FOREGOING EXAMINATION PAPER

It is a mistake to answer questions for a student if he is able
of himself to find the answers. A question which sets a student
thinking, even though he cannot immediately find a satisfactory
answer, affords educational training of considerable value. A
few of the answers to the foregoing questions are as follows:

5. (_a_) Not necessarily so. (_b_) Such a cheque would under
ordinary conditions be all right. Cheques should be presented as
soon after date as convenient. (_c_) Cheques dated on Sunday
are very commonly paid. Cheques or notes delivered on Sunday are
void. The delivery makes the contract, not the dating. (_d_)
That the maker may have a few days in which to deposit
sufficient money to meet them. (_e_) You are at liberty to print
your own form of cheque or to write it out in full if you wish.
(_g_) Write the words "_Seventy-five cents_" plainly along the
money line.

8. Yes.

BUSINESS GEOGRAPHY

THE TRADE FEATURES OF THE GREAT COMMERCIAL NATIONS

I. THE TRADE FEATURES OF THE BRITISH ISLES

LONDON AS A FOOD CONSUMER

London is the greatest seat of trade and commerce in the world. Its
commerci