What is the blank?

User Avatar

Wiki User

โˆ™ 2015-10-05 18:08:34

Best Answer

A blank cheque is one in which the issuer has signed but has not mentioned the amount in it. He may or may not have mentioned the payee.

Such a cheque is considered blank because of the non entry of amount in it and the payee can fill any amount he wants. Once done the cheque stands valid because of the presence of the account holders signature and the issuer is bound to pay that amount.

User Avatar

Albin Koepp

Lvl 9
โˆ™ 2022-08-17 02:47:32
This answer is:
User Avatar
Study guides


20 cards

A polynomial of degree zero is a constant term

The grouping method of factoring can still be used when only some of the terms share a common factor A True B False

The sum or difference of p and q is the of the x-term in the trinomial

A number a power of a variable or a product of the two is a monomial while a polynomial is the of monomials

See all cards
1481 Reviews

Add your answer:

Earn +20 pts
Q: What is the blank?
Write your answer...
Still have questions?
magnify glass
People also asked