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What did the MD mean by saying the cheque was ‘not raw dollars’?

What did the MD mean by saying the cheque was ‘not raw dollars’?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A It was issued in cryptocurrency instead of cash.
  • B It was a cheque, not physical dollar bills.
  • C It needed to be converted to another currency before use.
  • D The funds would be transferred to a UK account later.
Correct Answer: Option B
Explanation:
The MD clarified that the cheque was not physical cash but a domiciliary cheque.

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