One advantage of a cheque is that the retailer knows immediately whether the customer has enough money in their account to pay for the transaction.

Name: One advantage of a cheque is that the retailer knows immediately whether the customer has enough money in their account to pay for the transaction.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

Cheques do not provide immediate confirmation of sufficient funds in the customer's account; the clearance process can take several days.

One Advantage of a Cheque Is That the Retailer Knows