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WAEC Commerce 2001 Question 50

Question 50

Communication

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

  1. A.Postal order
  2. B.Cheque
  3. C.bank draft
  4. D.Telegraphic money order
Show the answer and explanation

Answer: D (Telegraphic money order)

Explanation

The post office can send money abroad quickly by telegraphic (international) money order.