MCQOPTIONS
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| 1. |
Which of the following is correct for crossed cheque? |
| A. | It has three lines are made on the top right of the cheque. |
| B. | There is no cash payment on this cheque. |
| C. | Amount mentioned on the cheque cannot be transferred to the bank account of the payee. |
| D. | The lines must be wavy. |
| E. | The cheque is non-endorsable. |
| Answer» C. Amount mentioned on the cheque cannot be transferred to the bank account of the payee. | |