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WAEC Commerce 2020 Objective — Question 32

Question 32 of 50 from the West African Examinations Council (WAEC) Commerce 2020 Objective paper, with the correct answer and a full explanation.

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A cheque that could be cashed over the counter by the payee is a

  • A. certified cheque
  • B. crossed cheque
  • C. open chequeCorrect
  • D. bank draft

Explanation

When the cheque is signed, it becomes open and thus, can be paid over the counter.

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