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 Form 2 business studies revision questions and answers set 1

State five reasons caused by a payee that would make a bank to dishonor cheque

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Answer Text:
-If alterations are made and not countersigned
-When payee presents a stale cheque
-When the cheque is presented before the date indicated on it.
-When the payee presents the cheque on a wrong bank
-If the signature in the bank differs from that in the cheque


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