Types of Cheques
Authored by Delerese Knowles
Business
9th - 12th Grade
Used 13+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque with no lines drawn across it.
Crossed
Bearer
Open
Dishonoured
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque with parallel lines drawn across it. It means that the cheque cannot be cashed but must be deposited into a bank account.
Crossed
Bearer
Open
Dishonoured
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Anyone who carries this cheque into the bank can cash it.
Crossed
Bearer
Open
Stale
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque that is signed over to a third party.
Endorsed
Bearer
Post-dated
Stale
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque that is more than 6 months old.
Endorsed
Bearer
Post-dated
Stale
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque that is dated for a date in the future.
Endorsed
Bearer
Post-dated
Stale
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
This is a cheque that has already been cleared by the bank and is returned to the drawer or owner of the chequing account.
Endorsed
Cancelled
Dishonoured
Stale
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