O-LevelCommerceBanking7100/12 · Oct/Nov 2011 · Q311 Mark
The diagram shows a cheque. Modern Bank Harbour Road Date 22 August '11 70-56-64 Pay Lee Kong The sum of Fifty dollars only or Order $50- I Patel. The cheque is crossed. Why is Lee Kong unable to cash this cheque?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
AIt is a blank cheque.
BIt is a crossed cheque.
CThe cheque is unsigned.
DThe words and figures do not agree.
✓ Correct answer
B: It is a crossed cheque.
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