Social Sciences, asked by sundramshivani, 7 months ago

explain the features and functions of cheque​

Answers

Answered by WhiteDove
10

Explanation:

Features of a cheque

A cheque should be in writing and properly signed by the drawer. A cheque contains an unconditional order. A cheque issued on a specified banker only. ... The cheque should bear a date otherwise it is invalid and shall not be honored by the bank.

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Answered by MOHABBAT676
3

Explanation:

Features of a cheque

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

A cheque contains an unconditional order.

A cheque issued on a specified banker only.

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

The payee of a cheque is always certain

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