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B) What are the characteristics of bearer cheque

B) What are the characteristics of bearer cheque
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B) What are the characteristics of bearer cheque

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User Kkrambo
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3 votes

Answer:

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

2) A cheque contains an unconditional order.

3) A cheque issued on a specified banker only.

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

5) The payee of a cheque is always certain

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User Nickvda
by
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