Another name or term for a dishonoured cheque is ____________
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Correct Answer: Option B
Explanation:
A bounced cheque is a cheque that has been presented to a bank but is rejected or returned unpaid. A cheque may be dishonoured for reasons such as insufficient funds, a closed account or other irregularities.
A bounced cheque is a cheque that has been presented to a bank but is rejected or returned unpaid. A cheque may be dishonoured for reasons such as insufficient funds, a closed account or other irregularities.