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Q.

A cheque is a paper given by a payer to the person whom he has to pay.


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a

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answer is A.

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Detailed Solution

The above statement is true.
A cheque is a paper given by a payer to the person whom he has to pay. The cheque acts as an order by the account holder to his bank to transfer such and such amount from his account to the account of the cheque holder. A demand deposit is also one of the facilities of cheques by which two parties can settle their payment without using cash.
 
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