MCQOPTIONS
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| 1. |
What is meant by a stale cheque? |
| A. | A cheque which is lost or stolen |
| B. | A cheque which is more than three months old from the date of the cheque |
| C. | A cheque which is defaced/ mutilated |
| D. | A cheque from an account which is closed |
| E. | None of these |
| Answer» B. A cheque which is more than three months old from the date of the cheque | |