1.

How Is Cheque Is Different From Boe?

Answer»

CHEQUE is different from bill of EXCHANGE in following ways:

  • Cheque is VALID only 6 months from the date of issue.
  • Cheque is PAYABLE to the bearer on demand.
  • Cheque is drawn in a BANK.
  • Notice of dishonor is not necessary in cheque.

Cheque is different from bill of exchange in following ways:



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