Define credit instrument and cheque and also define kinds of cheque ?
Define credit instrument and cheque and also define kinds of cheque ? Ans: "Cheque is an instrument in writing containing an unconditional order, addressed to a banker, sign by the person who has deposited money with the banker, requiring him to pay on demand a certain sum of money only to or to the order of certain person or to the bearer of instrument. Different Kinds / Types of Cheques ↓ 1. Bearer Cheque