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JAMB Commerce 2020 Objective — Question 8

Question 8 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2020 Objective paper, with the correct answer and a full explanation.

8. Credit note indicates

A. A. Indebtedness to the bearer of the noteCorrect
B. B. Indebtedness to the issuer
C. C. Indebtedness to the inheritor
D. D. None of the above

Explanation

Credit note indicates indebtedness to the bearer of the note.

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