What Is the Difference Between a Bill of Exchange and a Cheque

Multiple Choice

What is the difference between a bill of exchange and a cheque?

A) A cheque is a bill of exchange in which the drawee is a financial institution.
B) A bill of exchange is a form of cheque in which the drawee is a financial institution.
C) A bill of exchange is negotiable whereas a cheque is not.
D) A cheque is negotiable whereas a bill of exchange is not.