Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 2 business studies revision questions and answers set 1

State five reasons caused by a payee that would make a bank to dishonor cheque

 (1m 43s)
1044 Views     SHARE

Download as pdf file

Answer Text:
-If alterations are made and not countersigned
-When payee presents a stale cheque
-When the cheque is presented before the date indicated on it.
-When the payee presents the cheque on a wrong bank
-If the signature in the bank differs from that in the cheque


|