Final answer:
Cashing a cheque made payable to an account holder and another person typically requires both parties to endorse it, depending on the bank's policies and the wording on the cheque.
Step-by-step explanation:
If a cheque is made payable to an account holder and another person, both parties are generally required to sign the check to either cash it or deposit it. This is known as a cheque made out to joint payees. Whether you can cash the cheque for the account holder alone depends on the agreement between the two parties and the policies of the banking institution. If the cheque has an 'and' between the names, typically all parties must endorse it. If it has an 'or' or is not specific, then it's possible that only one party may need to endorse the check. However, it's crucial to check with the issuing and depositing banks for their specific requirements.