How does a cheque differ from a bill of exchange.

      

How does a cheque differ from a bill of exchange.

  

Answers


sharon
1. It can only be drawn on a banker
2. It is payable on demand
3. It does not require acceptance
4. Non-presentation does not discharge it
5. It is less negotiable
6. It may be crossed generally or specially
7. Notice of dishonour is not necessary

sharon kalunda answered the question on April 12, 2019 at 13:43


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