WAEC Commerce 1994 Question 8

Question 8

Banking

A cheque does not contain

  1. A.cheque number
  2. B.cashier's signature
  3. C.payee's name
  4. D.drawee's name
  5. E.date of issue
Show the answer and explanation

Answer: B (cashier's signature)

Explanation

A cheque is signed by the drawer (account holder), not by a bank cashier.