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State any two characteristics of a cheque.

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Characteristics of a cheque: Following are the characteristic of a cheque : 

1. A written investment: Should be written or typed. Bankers do not accept cheques written in pencil. 

2. Signature of the drawer: It must be signed by the drawer and his/her signature should be matched with the specimen signature. 

3. Order: It is an order which is given by the drawee.

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