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A cheque is not a legal tender because it is ____________
Classroom
Commerce Classroom
Neco
Neco 2003
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A cheque is not a legal tender because it is ____________
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Not mandatory to a creditor to accept it
B
Not negotiable
C
Transferable
D
Only a representation of money
E
Should be paid into a bank account
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Correct Answer:
Option A
Explanation:
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Accounts - Principles of Accounts
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