Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

b) What are the characteristics of bearer cheque

Sagot :

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