JAMB Commerce 2007 Objective — Question 9
Question 9 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.
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A credit instrument which also serves as a legal tender is
- A. money orderCorrect
- B. cheque
- C. voucher
- D. paper money
Explanation
A money order is a guaranteed form of payment for a specified amount that can be used as a legal instrument of payment between two parties.
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