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Thursday, 02 April 2026
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In Nigeria, cheques are not money because?

In Nigeria, cheques are not money because?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Their use is confined to business houses
  • B There are no banks in rular areas
  • C They are not legal tender
  • D They are not generally acceptable as a medium of exchange
  • E Most Nigerians cannot identify them
Correct Answer: Option C
Explanation:

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