Free account: track your progress — Sign up free

JAMB Commerce 2021 Objective — Question 36

Question 36 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2021 Objective paper, with the correct answer and a full explanation.

Advertisement

36. One of the following can cause a cheque to be dishonoured a. Amount on the cheque b. Date on the cheque c. Names on the cheque d. Inconsistency on the cheque

  • A. Amount on the cheque
  • B. Date on the cheque
  • C. Names on the cheque
  • D. Inconsistency on the chequeCorrect

Explanation

One of the major reasons a cheque can be dishonoured is inconsistency on the cheque (e.g. mismatched figures/words, signature discrepancies).

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.