Another name or term for a dishonoured cheque is ______?

A. an order cheque
B. a bounced cheque
C. a bearer cheque
D. an open cheque

Correct Answer:

Option B – a bounced cheque

Explanation

A cheque is said to be bounced if the cheque is being rejected or dishonoured by the bank. Another name for dishonoured cheque is a bounced cheque