explain the term cheque give specimen of a cheque
Answers
Answered by
4
Explanation:
It is a written order issued by a depositor to a particular bank directing it to pay a certain sum of money to a certain person or to the bearer of the cheque. ... Characteristics of Cheque – (1) An Unconditional Order: The drawer or the depositor should not lay down any condition in the cheque.
Answered by
7
Answer:
It is a written order issued by a depositor to a particular bank directing it to pay a certain sum of money to a certain person or to the bearer of the cheque. ... Characteristics of Cheque – (1) An Unconditional Order: The drawer or the depositor should not lay down any condition in the cheque.
Similar questions