Mention and explain five creditors under which a cheque may be rejected

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asked Jun 25, 2023 68.5k views

1 Answer

Sean McClory · Answer 1 · 2023-06-28T19:58:57+0000

Answer:

Insufficient funds: The cheque amount is more than the free balance available in the drawer's bank account. 2) Irregular signature: The signature of the drawer on the cheque does not match the specimen signature available with the bank.

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Mention and explain five creditors under which a cheque may be rejected

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Mention and explain five creditors under which a cheque may be rejected