-----------cheque cannot be transferred from one person to another person by mere delivery.

Related MCQs

• ---------cheque is easily transferred from one person to another by mere delivery
• A cheque can be crossed by drawing two transverse parallel lines through top left corner of cheque is called -------------.
• Sec 138 state that drawer of a cheque is liable to be punished if the cheque is bounded for-----------.
• When a drawer draws a cheque without keeping sufficient balance and if the cheque is dishonored for insufficient funds, the drawer is punishable with and imprisonment which may extend to -------- and or a fine.
• Where the signature of the drawer of a cheque is not genuine such a cheque is called --------------
• Where a customer has issued a cheque date of which is yet to come such a cheque is called ---------.
• Mere signature of the payee on the reverse of the instrument is called ___________endorsement
• ______________ is the right of a person to retain the property of another person in his possession untill the debt from that owner of that property is repaid
• One of the conditions to honour the cheque by the paying banker is that amount in figures and words should---------.
• ------------------------ Conversion of physical cheque into electronic form for transmission to the paying bank.