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WAEC Commerce 2000 Question 26

Question 26

Communication

Which of the following is a means of payment through the post office?

  1. A.Standing Order
  2. B.Promissory note
  3. C.Money order
  4. D.Telegraphic transfer
Show the answer and explanation

Answer: C (Money order)

Explanation

Money orders and postal orders are sold and paid out by the post office.