What is the relationship between cheques and bills of exchange?
A) Cheques and bills of exchange are both types of payment order.
B) A cheque and a bill of exchange are the same thing.
C) A bill of exchange is a type of cheque.
D) A cheque is a type of bill of exchange.
Correct Answer:
Verified
Q1: Which of the following is NOT an
Q2: The Nemo dat quod non habet rule
Q3: In what way is a 'negotiable' instrument
Q4: A bill of exchange or cheque payable
Q6: Negotiability means that a person who takes
Q7: Both a cheque and a bill of
Q8: A bill of exchange is signed by
Q9: Which of the following is NOT a
Q10: A bill of exchange is signed by
Q11: Which of the following statements is NOT
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents