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WAEC Commerce 2024 Question 24

Question 24

Purchase and Sale of Goods

Which of the following instruments is not a means of payment?

  1. A.Debit notes.
  2. B.Debit cards.
  3. C.Credit cards.
  4. D.Bank notes.
Show the answer and explanation

Answer: A (Debit notes.)

Explanation

A debit note is a document telling a buyer he was undercharged; it does not pay anyone.