Another name or term for a dishonoured cheque is ______

Another name or term for a dishonoured cheque is ______
  • A.
    an order cheque
  • B.
    a bounced cheque
  • C.
    a bearer cheque
  • D.
    an open cheque
Correct Answer: Option B
Explanation

A cheque is said to be bounced if the cheque is being rejected or dishonoured by the bank. Another name for dishonoured cheque is a bounced cheque

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