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JAMB Commerce 2023 Objective — Question 31

Question 31 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2023 Objective paper, with the correct answer and a full explanation.

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When a cheque is crossed with the statement 'non-negotiable' it means A.

  • A. it must be paid to the account of the payee.Correct
  • B. it must be fixed.
  • C. it must be paid to the account of the drawer.
  • D. None of the above.

Explanation

When a cheque is crossed and states 'non-negotiable', it must be paid to the account of the payee.

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