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Which of the following types of cheque protects the holder against the risk of loss?

Commerce
WAEC 2002
Which of the following types of cheque protects the holder against the risk of loss?
  • A. Open cheque
  • B. Bearer cheque
  • C. Post dated cheque
  • D. Crossed cheque
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now