Multiple choice

‘Not Negotiable’ written on a cheque crossing means

  1. the cheque cannot be paid to any one but the payee

  2. the cheque is not presented by anyone other than the payee

  3. an honest person receiving a stolen cheque is liable to repay the rightful owner

  4. the cheque must be paid into a bank

  5. none of these

Reveal answer Fill a bubble to check yourself
B Correct answer