Practice mode Basic of Economics

What is a cheque called when the bank returns it unpaid, usually because of insufficient funds?

Correct answer A. Bounce

Explanation

A cheque 'bounces' when the drawer's account lacks the funds to cover it, so the bank returns it to the payee unpaid.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.