JAMB Commerce 2011 Objective — Question 18

Question 18 of 49 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2011 Objective paper, with the correct answer and a full explanation.

A cheque that has been drawn but not presented for payment can still be honoured A. after 9 months B. within 6 months C. within 3 months D. after 6 months

A. A. after 9 months
B. B. within 6 monthsCorrect
C. C. within 3 months
D. D. after 6 months

Explanation

Usually, cheques last for six (6) months in Nigeria before it can become bounced.

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