What is a cheque
Answers were Sorted based on User's Feedback
Answer / himanshu
in modern era A cheque is playing an important role between
different kinds of transaction through banking. This is just
like a legal paper where buye'r & saler's, or others.
this is physical proof all so.
| Is This Answer Correct ? | 5 Yes | 4 No |
Answer / prabin
cheque is an negotiable instrument issued by an drawer to the drawee mentioning particular amount and respective date
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / indereep singh
chrque is an negotiable instrument which drawer promise to
pay specific amount of money to payee with certain formalities
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vivek
A cheque is a document/instrument (a piece of paper) that
orders a payment of money from a bank account of drawer.
(The person writing the cheque is called drawer).
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / bola osinloye
Cheque is a negotiable instrument which uses for making
payments, or bill of exchange drawn on a specified banker
and payable on demand.
a cheque is a negotiable instrument signed by a drawer
instructing a bank to pay on demand to a named payee or a
berrer an amount written
on the face of the cheque.
| Is This Answer Correct ? | 6 Yes | 6 No |
Answer / ravi ganti
Cheque is demandable reciept of a customer to get his cash
and cash transactions from that particular Bank where he
holds an account as per availabilty of funds in account
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / nodi
A cheque is the alternative & withdrawal slip of cash money.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / inderdeep singh
cheque is an negotiable instrument which drawer promise to
pay specific amount of money to payee with certain formalities
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / nidhi gupta
cheque is an instrument it can be purchase and sold throug bu accountby holder
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / supriya mishra
cheque is an instrument in writing containing an
unconditional order,addressed to a banker sign by a person
who has deposited money with the banker,requiring him to
pay on demand a certain sum of money only to or to the
order of certain person.
| Is This Answer Correct ? | 0 Yes | 0 No |
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