Which of the following statements is not true in relation to order cheques?
A) The holder must sign the cheque on the back before handing it to a third party.
B) If a holder fails to write 'not negotiable' on the cheque it cannot be transferred to a third party.
C) Most government cheques are order cheques.
D) They are negotiated by 'indorsement and delivery'.
Correct Answer:
Verified
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