(a) Distinguish between commercial banks an..

Question 1 Report

(a) Distinguish between commercial banks and merchant banks.

(b) Explain each of the following:
(i) Order cheque
(ii) Bearer cheque
(iii) Certified cheque
(iv) Non-Negotiable cheque.

Answer

Purchase And Sale Of Goods

(a) Distinguish between commercial banks and merchant banks. (b) Explain each of the following: (i) Order cheque (ii) Bearer cheque (iii) Certified cheque (...