oa Juta's Business Law - Markings on a cheque
This is a short article on some of the consequences of drawing a cheque in a particular manner. In particular I will deal with what the position would be if the printed words 'or bearer' were not struck out on a cheque marked 'not negotiable' and / or 'not transferable'. I will also deal with the question as to what the position would be if either the words 'or bearer' or 'or order' appear on a cheque that is marked 'not negotiable' and / or 'not transferable'.
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