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A cheque could be dishonoured as a result of?

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Commerce WAEC 2017

A cheque could be dishonoured as a result of?

  • same amount in words and figure
  • insufficient fund checkmark
  • general crossing
  • regular signature

The correct answer is: B

Explanation

7 Reasons Why Your Cheque Is Dishonoured

  • Insufficient Funds. Salaries sometimes reach late in accounts leaving insufficient funds in your account which may lead to bouncing of cheque. ...
  • Irregular Signature. 
  • Alterations. 
  • Post-dated Cheque. 
  • Stale Cheque. 
  • When Payment Is Stopped. 
  • Frozen Account.
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