What is a cheque?
Q: What is a cheque?
A: A cheque is a paper used to give money from one person or business to another person or business.
Q: What does a cheque do for the person getting it?
A: A cheque allows the person getting it to go to a bank and get money.
Q: What does a cheque represent for the person writing it?
A: A cheque represents a promise to pay the bank that is giving the money to the person who turned the cheque in.
Q: Who should be written on a cheque?
A: A cheque should be written to a person or business.
Q: Why is writing a cheque with no recipient a bad idea?
A: Writing a cheque with no recipient can be very bad because if it is lost, anyone who finds it can get the money.
Q: What is a blank cheque?
A: A cheque that is written to a person but does not have the amount of money written is a blank cheque.
Q: How long have cheques been in use?
A: Cheques have been used for over a thousand years, but they became popular in the 20th century for paying money without using cash.
