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"A cheque is an inconvenient method of making payments". Justify for or against. - Commercial Applications

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Question

"A cheque is an inconvenient method of making payments". Justify for or against.

Short Note

Solution

A cheque is not an inconvenient payment method for several reasons, including its wide acceptance, ease of record keeping, option for delayed payment, and security. While electronic methods may provide convenience, the cheque remains a reliable and widely used form of payment.

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Chapter 7: Banking and Bank Transactions - EXERCISES [Page 125]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 7 Banking and Bank Transactions
EXERCISES | Q 18. | Page 125
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