Question

A check returned by a banker due to insufficient funds in the account is called a/an:

dishonored check.
outstanding check.
post dated check.
future dated check.

Answer 1

option a

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Answer 2

The correct answer to the following question is A) Dishonored check.

Step-by-step explanation:

A dishonored check which is also know as returned check ( or check with insufficient balance ) or bounced check, as it is clear itself from the word itself , a check would be called dishonored when a person writes a check to another person ( who would be know as payee ) and then payee takes that check to bank and if the account from which check was written has insufficient balance or funds , then bank will return that check to the person who wrote it and charges him or her some fee, and this returned check is called dishonored check.