A Cheque ........

Negotiable instrument Act Others

A Cheque:

Is a type of bill of exchange

Includes electronic image of a truncated cheque

Payable on demand

All of these

Only 1 and 3

- A cheque is legally recognized as a type of bill of exchange (Option 1).

- A cheque can also include the electronic image of a truncated cheque, which is used in digital cheque processing (Option 2).

- Cheques are payable on demand, meaning the bank must pay the specified amount when presented (Option 3).

- Option 4, "All of these," includes all the above statements as correct.

- Option 5 limits the answer to only Option 1 and 3, but misses the electronic image part.

- Correct Answer: Option 4 – All of these

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