A cheque dated 15th March 2012, will become stale on

Assessment: WAEC SSCE - Commerce - 2011 (Objective) Subject: Commerce

Question 1 Report

A cheque dated 15th March 2012, will become stale on

Answer Details
A cheque is considered stale when it is not presented for payment within a certain period after the date it was written. In general, this period varies by jurisdiction, but it is usually six months in most countries. Therefore, a cheque dated 15th March 2012, will become stale after six months, which is on 15th September 2012. Thus, the correct option is "16th September 2012".
Read lesson note on Commerce (JAMB)
View Answer

Related Questions

1

The reward received by a party in a contract agreement is known as
2

One of the advantages of air transport over other forms of transport is
3

Payment to a ship owner for carrying one's cargo is
4

Which of the following is used to inform the addressee that he has a registered parcel for collection?
5

Which of the following is not pre-sale service?
6

When the government gives up its ownership and control of a business to individuals, this is known as
7

That portion of the share capital which the company has asked the shareholders to pay for is known as
8

The co-operative society that performs a combination of the functions of other types of cooperatives is called

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning