Types of cheque - SS2 Commerce Past Questions and Answers - page 1

Which type of cheque can only be paid to the specific person or entity mentioned as the payee?

What type of cheque can be encashed by anyone who possesses the physical document?

Which type of cheque has two parallel lines drawn across the top left corner or face of the cheque?

Which type of cheque offers a higher level of security as it requires the payee's endorsement?

What does an "Account Payee" crossing on a cheque indicate?

Define an open cheque in simple terms.

Why is a crossed cheque considered more secure than an open cheque?