Distinguish between a cheque and a bill of exchange

·    Is payable on demand or at a fixed or determinable future time.

·    Is discharged if not presented.

·        Cannot be crossed.

·    Notice of dishonour must be given.

·    May be noted and/or protested.

·        May be discounted.

·    It is payable on demand.

·    May be crossed.

·    Notice of dishonour need not be given.

·    Is not discharged by non-presentation.

·    Cannot be noted and/or protested.