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WAEC Commerce 1993 Question 45

Question 45

Communication

A crossed postal order is

  1. A.generally acceptable for payment
  2. B.easily converted to cash
  3. C.the same as money order
  4. D.cashed through a bank
  5. E.cashed through a post office
Show the answer and explanation

Answer: D (cashed through a bank)

Explanation

Crossing a postal order means it can only be paid into a bank account, which makes it safer.