WAEC - Commerce (2010 - No. 18)
A cheque issued in January 1997 which the holder failed to present for payment until September 1997 is called a
traveller's cheque
post-dated cheque
stale cheque
crossed cheque
Εξήγηση
stale cheque is a cheque that was written too long ago and that a bank may refuse to pay when someone tries to get the stated amount: