A cheque is not a legal tender because it is

Question 1 Report

A cheque is not a legal tender because it is

not mandatory to a creditor to accept it

not negotiable

transferable

only a representation of money

should be paid into a bank account

Legal Aspects Of Business

Legal Aspect Of Business

View Answer

Download The App On Google Playstore

Everything you need to excel in JAMB, WAEC & NECO

Green Bridge CBT Mobile App

Personalized AI Learning Chat Assistant

Thousands of JAMB, WAEC & NECO Past Questions

Over 1200 Lesson Notes

Offline Support - Learn Anytime, Anywhere

Green Bridge Timetable

Literature Summaries & Potential Questions

Track Your Performance & Progress

In-depth Explanations for Comprehensive Learning