Business Studies, asked by patelilyash, 1 year ago

Difference between bearer cheque and order cheque

Answers

Answered by MolikAgarwal
1
Bearer cheque can be transferred by mere delivery; they need no endorsement. In simple words acheque which is payable to any person who presents it for payment at the bank counter is called 'Bearer cheque'. ... The payee can transfer an order cheque to someone else by signing his or her name on the back of it.
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