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Which of the following is NOT true of a cheque as a means of payment? It ____________

Which of the following is NOT true of a cheque as a means of payment? It ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Can be made out of a definite payee
  • B Is generally acceptable
  • C Is safer than carrying cash
  • D Is transferable
  • E Serves as a proof of payment
Correct Answer: Option B
Explanation:

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