paulward002333
paulward002333 paulward002333
  • 07-09-2021
  • Business
contestada

b) What are the characteristics of bearer cheque

Respuesta :

riyashrestha37
riyashrestha37 riyashrestha37
  • 07-09-2021

Answer:

1) A cheque should be in writing and properly signed by the drawer.

2) A cheque contains an unconditional order.

3) A cheque issued on a specified banker only.

4) The amount specified is always certain and should be clearly mentioned both in figures and words.

5) The payee of a cheque is always certain

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