Another name or term for a dishonoured cheque is ______

Commerce JAMB 2017

Another name or term for a dishonoured cheque is ______

  • an order cheque
  • a bounced cheque checkmark
  • a bearer cheque
  • an open cheque

The correct answer is: B

Explanation

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
Previous Question Next Question

Leave A Comment