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Question

Which of the following are key features of a cheque?


A

Signature

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B

Definite sum of money

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C

Conditional order

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D

Name of payer and payee

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Solution

The correct options are
A

Signature


B

Definite sum of money


D

Name of payer and payee


The cheque contains all of the above, except for a conditional order. The order is unconditional in nature.


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