An open cheque is one
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option A
Explanation:
An open cheque is a cheque that can be presented to the bank and cashed over the counter. It is not crossed, so the holder can receive the money directly from the bank, subject to the bank's requirements.
An open cheque is a cheque that can be presented to the bank and cashed over the counter. It is not crossed, so the holder can receive the money directly from the bank, subject to the bank's requirements.