wiz-icon
MyQuestionIcon
MyQuestionIcon
3
You visited us 3 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is(are) key feature(s) of a cheque?

A
Signature
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Definite sum of money
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Name of payer and payee
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All of the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

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

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Monetary System
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon