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JSS2: BUSINESS STUDIES – 2ND TERM

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  1. Bank Services | Week 1
    8 Topics
    |
    1 Quiz
  2. Insurance | Week 2
    6 Topics
    |
    1 Quiz
  3. Personal Qualities of an Entrepreneur | Week 3
    1 Topic
    |
    1 Quiz
  4. Business Opportunities | Week 4
    2 Topics
    |
    1 Quiz
  5. Consumer Rights and Responsibilities | Week 5
    2 Topics
    |
    1 Quiz
  6. Shopping Tips | Week 6
    4 Topics
    |
    1 Quiz
  7. Bookkeeping Ethics I | Week 7
    2 Topics
  8. Bookkeeping Ethics II | Week 8
    2 Topics
    |
    1 Quiz
  9. Ledger Entries | Week 9
    3 Topics
    |
    1 Quiz
  10. Petty Cash Book | Week 10
    5 Topics
    |
    1 Quiz



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cheque

Why would banks (drawee) dishonor a cheque? Here are some reasons below:

1. If the drawer is bankrupt.

2. Insufficient funds in the account of the drawer. 

3. Alteration of the Cheque: If alteration on the cheque is not signed against by the drawer, the bank will not honor it.

4. If the cheque is not signed by the drawer.

5. If the drawer’s signature is irregular.

6. If the cheque is post-dated.

7. If the cheque is stale.

8. If the account is frozen.

9. A difference in figures and words.

10. Mutilation of cheque.

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