False. A cheque is indeed a form of a bill of exchange. Specifically, it is a written order directing a bank to pay a specified amount from the account of the person who issues the cheque (the drawer) to the person named on the cheque (the payee). Both cheques and bills of exchange share similar characteristics and functions, as they are both negotiable instruments used in financial transactions.
A cheque is not a form of bill of exchange.
True or false
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