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Single Choice Moderate

QWhich of the following statement is true?

ID: #19466 Pakistan Economy 57 views
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#19466Q ID
ModerateDifficulty
Pakistan EconomyTopic
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  • A Only the person in whose favour a bearer cheque is written can cash this cheque. ✔ ✖
  • B Crossed cheque can be got cashed by any one ✔ ✖
  • C Order cheque can be got cashed on identification ✔ ✖
  • D If the money unit is not scarce, it ceases to be used as money. ✔ ✖
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Explanation

Order cheque can be got cashed on identification
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