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A cheque made payable to a named person is?

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Commerce WAEC 2015

A cheque made payable to a named person is?

  • a crossed cheque
  • a certified cheque
  • an order cheque checkmark
  • a confirmed cheque

The correct answer is: C

Explanation

An order cheque is one which is payable to a particular person. The payee can transfer an order cheque to someone else by signing his or her name on the back of it.

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