Question on: JAMB Commerce - 2017
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
Ask EduPadi AI for a detailed answer
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
Add your answer
Please share this, thanks!
No responses