Home » Classroom » JAMB Commerce 2017 Question

Another name or term for a dishonoured cheque is - JAMB Commerce 2017 Question

Another name or term for a dishonoured cheque is ______
A
an order cheque
B
a bounced cheque
C
a bearer cheque
D
an open cheque
correct option: b
A cheque is said to be bounced if the cheque is being rejected or dishonoured by the bank. Another name for dishonoured cheque is a bounced cheque
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses