This section of the book is from the "Canadian Banking Practice" book, by John T. P. Knight.
Question 168.— Does a cheque payable to "cash or order" require the endorsement of the drawer?
Answer.—No. If "cash" means literally "cash" and is not the name of a person, the cheque should be treated as payable to bearer. (See section 7, sub-section 3, Bills of Exchange Act.)
 
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