Question

A/An _________ is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque.

Hint:

A cheque with no crossing lines on the left corner can be encashed over the counter.

Answer 1

Step 1: Read the clues:
The cheque is not crossed on the left corner.
It is payable at the counter of the drawee bank when presented.
These clues describe a cheque with no crossing.

Step 2: Recall the meaning:
A cheque that carries no crossing lines is called an open cheque.
The holder can take it to the drawee bank and get cash across the counter.
The holder can also deposit it in an account.

Step 3: Compare with crossed cheques:
A crossed cheque has two parallel lines on the left corner.
It is paid only through a bank account, not in cash at the counter.
So the cheque in the question is an open cheque.

Final Answer:
The blank is filled by open cheque.