Another name for a dishonoured cheque is?
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Correct Answer: Option B
Explanation:
A bounced cheque is a term used in the banking industry to indicate that a cheque cannot be honored because insufficient funds are available in the account on which the instrument was drawn.
A bounced cheque is a term used in the banking industry to indicate that a cheque cannot be honored because insufficient funds are available in the account on which the instrument was drawn.