Payment of a cheque may be countermanded by the ___

A. Payee

B. True owner

C. Drawee

D. Drawer

Answer: Option D

Join The Discussion

Related Questions on Banking Awareness miscellaneous

What is a stale cheque?

A. A cheque issued without drawer’s signature

B. A cheque with only signature of the drawer

C. A cheque which has completed six months from its date of issue

D. A six months’ post dated cheque