What is called a check that is returned by a bank because it is not payable, usually because of insufficient funds ?

Related Mcqs:

Find out the term for the purpose that a buyer must pay for the goods at the time of its delivery ?

A. Barter B. payment on Delivery C. Gives in take D. Cash on Delivery...

The term Mark-up refers to________________?

A. Rise in the price of an item for sale B. An amount added to cost price in calculating selling price C. Both of them D. All of them...

What is referred a group of companies that cooperate and share resources in order to achieve a common objective ?

A. Consortium B. Pool C. Incorporation D. Conglomerate...

“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

A. A bond with a longer time to maturity B. A certificate of deposit whose principal is payable at maturity C. A certificate of deposit with a shorter time to maturity D. certificate of deposit with a longer time to maturity...

What is Remittance_______________?

A. Sending of money to someone at distance B. The sum of money sent C. Both of them D. None of them...