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WAEC Commerce 2016 Objective — Question 3

Question 3 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.

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3. Another term for a dishonoured cheque is A. an order cheque B. a bounced cheque C. a bearer cheque D. an open cheque

  • A. an order cheque
  • B. a bounced chequeCorrect
  • C. a bearer cheque
  • D. an open cheque

Explanation

A dishonoured cheque is also called a bounced cheque.

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