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WAEC Commerce 2007 Question 33

Question 33

Banking

Which of the following is not a reason for dishonouring a cheque?

  1. A.Insufficient funds in drawer's account
  2. B.When the cheque is stale
  3. C.Amount in figure differs with amount in words
  4. D.Poor handwriting.
Show the answer and explanation

Answer: D (Poor handwriting.)

Explanation

Poor handwriting alone is not a reason to refuse a cheque.