Question

Q1 Explain requisites of a cheque. [10 Marks]​

Answer 1

Hey Mate !

The following are the essential features of a cheque:

• A cheque must be in writing.

• It must contain an order to pay.

• The order to pay must be unconditional.

• A cheque must be drawn on a specified banker.

• It must be drawn by the drawer of the cheque.

• The cheque should be signed by the drawer.

Hope it helps u !

Thank it !!!!