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Question 2: a) All cheques are bills but all bills are not cheque Explain b) What are the characteristics of bearer cheque, crossed cheque, and

Question 2:

a) All cheques are bills but all bills are not cheque Explain

b) What are the characteristics of bearer cheque, crossed cheque, and order cheque?

c) State the characteristics of negotiable instrument d) What are the general principles that should guide a banker in making loans and advances to a customer?

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