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प्रश्न
Write any three disadvantages of payment through cheques.
टीपा लिहा
उत्तर
- Cheques are not considered legal cash, and a creditor may refuse to accept one as payment.
- A dishonest person falsifies or alters a hastily written check.
- When a check is misplaced or stolen, there is a danger of loss.
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संबंधित प्रश्न
Write a short note on Automated Teller Machine.
______ is not a legal tender and the creditor may refuse to accept it.
Distinguish between.
Cheque book and Passbook
Justify the following sentence for or against and give a reason:
A bank cannot refuse payment of a cheque.
What is a cheque?
