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WAEC Commerce 2016 Paper
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© africaexams.com
Question : 8
Total: 49
A cheque could be dishonoured as a result of?
same amount in words and figure
insufficient fund
general crossing
regular signature
Validate
Solution:
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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