What are the two types of cheque?

1. Bearer cheque 2. Crossed cheque

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1. Bearer cheque 2. Plain cheque

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1. Burden cheque 2. Crossed cheque

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None of the above

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Solution

The correct option is A
1. Bearer cheque 2. Crossed cheque

The two type of cheques are: 1. Bearer cheque 2. Crossed cheque

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Similar questions

State True or False. Crossed cheque provides a level of security to the payer than a bearer cheque.

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