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O-LevelCommerceBanking7100/12 · May/June 2015 · Q311 Mark

A cheque that is crossed

Acan be cashed over a bank counter.
Bhas been cancelled.
Cmay be used by a third person.
Dmust be deposited into a bank account.

✓ Correct answer

D: must be deposited into a bank account.

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About this question

Topic
Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2015 Paper 1 Variant 2, question 31.

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