A cheque that could be cashed over the counter by the payee is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option C
Explanation:
An open cheque is a cheque that has not been crossed and may be presented at the bank counter for payment. It can therefore be cashed over the counter by the person entitled to receive the payment.
An open cheque is a cheque that has not been crossed and may be presented at the bank counter for payment. It can therefore be cashed over the counter by the person entitled to receive the payment.