WAEC - Commerce (2017 - No. 9)
A cheque could be dishonoured as a result of?
same amount in words and figure
insufficient fund
general crossing
regular signature
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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