Business Studies, asked by krithikh32gmailcom, 2 months ago

Essential requisites of valid Cheque.​

Answers

Answered by anushkapande28
0

Answer:

Essential characteristics of a cheque

It must be in writing: A cheque must be in writing. ...

It should be drawn on banker: It is always drawn on a specified banker. ...

It contains an unconditional order to pay: A cheque cannot be drawn so as to be payable conditionally.

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