Business Studies, asked by jugrajdeepSingh, 10 months ago

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

Answers

Answered by queensp73
0

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 !!!!


queensp73: tq for brainliest !
queensp73: thank it plz !
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