Which of the Following Statements Is Not True in Relation

question 16

Multiple Choice

Which of the following statements is not true in relation to order cheques?

• A)The holder must sign the cheque on the back before handing it to a third party.
• B)If a holder fails to write 'not negotiable' on the cheque it cannot be transferred to a third party.
• C)Most government cheques are order cheques.
• D)They are negotiated by 'indorsement and delivery'.

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