Question on: JAMB Commerce - 2019
A cheque that is payable to whoever presents it is known as______
A
order cheque
B
open cheque
C
crossed cheque
D
bearer cheque
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Correct Option: D
Bearer cheque is payable to the bearer, that is, whoever presents it. A bearer cheque does not have any name written on it, but just the amount authorized for withdrawal.
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