A cheque made payable to a named person is?
-
A.
a crossed cheque -
B.
a certified cheque -
C.
an order cheque -
D.
a confirmed cheque
Correct Answer: Option C
Explanation
An order cheque is one which is payable to a particular person. The payee can transfer an order cheque to someone else by signing his or her name on the back of it.