A misdemeanor (American English) or misdemeanour (British English) is any lesser criminal act in some common law legal systems. Misdemeanors are generally punished less severely than felonies, but theoretically more so than administrative infractions (also known as minor, petty, or summary offences) and regulatory offences. Many misdemeanors are punished with monetary fines.
Travelers checks represent a form of prepaid money exchangeable for goods or services on the same basis as local currency. This payment method is considered to be safer than carrying cash because identification and signature verification are required to cash a travelers check.
1. Bearer Cheque. When the words or bearer appearing on the face of the cheque are not cancelled, the cheque is called a bearer cheque. The bearer cheque is payable to the person specified therein or to any other else who presents it to the bank for payment.