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WAEC Commerce 2011 Question 27

Question 27

Banking

A cheque dated 15th March, 2012 will become stale on

  1. A.16th June, 2012
  2. B.16th July, 2012.
  3. C.16th August, 2012.
  4. D.16th September, 2012.
Show the answer and explanation

Answer: D (16th September, 2012.)

Explanation

A cheque is valid for six months, up to 15th September 2012, so it is stale from 16th September 2012.