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Another name or term for a dishonoured cheque is

Commerce
JAMB 2023

Another name or term for a dishonoured cheque is

  • A. a bearer cheque
  • B. an open cheque
  • C. a bounced cheque
  • D. an order cheque
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Correct Answer: Option C
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.

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