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WAEC Commerce 1993 Question 31

Question 31

Communication

A service whereby NIPOST undertakes to collect money due to the sender of a parcel is called

  1. A.C.O.D.
  2. B.C.W.O
  3. C.C.I.F
  4. D.F.O.B
  5. E.F.O.R
Show the answer and explanation

Answer: A (C.O.D.)

Explanation

Under cash on delivery the post office collects the price from the buyer when delivering the parcel.