Logo
Select Quick Pages:
Home
About
Contact Us
Disclaimer
Privacy policies
Terms and conditions

_________ cheque is easily transferred from one person to another by mere delivery.

  • Bearer cheque is easily transferred from one person to another by mere delivery.
  • A bearer cheque is a type of cheque that is payable to the person who presents the cheque to the bank, without the need for any endorsement or identification.
  • It is a negotiable instrument that can be easily transferred from one person to another by mere delivery, as the name of the payee is not written on the cheque.
  • This makes it a convenient form of payment for transactions that require immediate settlement.
  • However, this also means that bearer cheques are more susceptible to fraud or theft, as they can be used by anyone who has possession of the cheque.