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Highlight four reasons that would make a trader reject payment by cheque.
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asked
Jul 16, 2021
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Business Studies Form 1
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anonymous
Highlight four reasons that would make a trader reject payment by cheque.
home trade
forms of payment
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Jul 16, 2021
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anonymous
The trader will be required to deposit the cheque in the bank.
Cheque may be dishonored.
The trader must have an account with the bank.
The trader will incur some bank charges thus reducing his/her profits.
Cheques takes time to mature
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