Bill
(1)The drawee may be any person.
(2)There are four kinds of tenor for the bills.
(3)After acceptance the acceptor is primarily liable for payment.
(4)Before issuing a bill, the drawer may not open an account with drawee.
(5)A bill other than a banker's demand draft or stipulation in Article 5 of Cheque Act cannot be crossed.
(6) Acceptance made by acceptor is irrevocable.
(7)A bill can be drawn in a set.
Cheque
(1)The drawee must be a ______.
(2)The tenor is merely payable ______.
(3)The ______ is always primarily liable for payment.
(4)Before issuing a cheque, the drawer must be a customer who has opened an ______ with the paying bank and ______ money in the account.
(5)A cheque can be ______.
(6)Duty and authority of paying bank to pay a cheque may be terminated by ______.
(7)A cheque cannot be drawn in a ______.