September 25, 2023
July 25, 2023
October 25, 2023
June 25, 2023
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The correct answer is C. October 25, 2023.
The instrument shown in the diagram is a cheque. According to banking laws and standard commercial practice, a cheque remains valid for exactly 6 months (180 days) from the date written on it.
Step-by-Step Calculation:
* Issue Date: The date on the cheque is 24-04-23 (April 24, 2023).
* Validity Period: 6 months.
* Expiry Calculation:
* 1 month: May 24
* 2 months: June 24
* 3 months: July 24
* 4 months: August 24
* 5 months: September 24
* 6 months: October 24, 2023.
Any attempt to cash this cheque on or after October 25, 2023, would result in the bank rejecting it because it has become stale


