JAMB Commerce 2025 Objective — Question 5
Question 5 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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A bill of exchange includes:
- A. An order to pay
- B. A request to pay
- C. A promise to pay
- D. All the aboveCorrect
Explanation
A bill of exchange is a written order to pay, and depending on context can be viewed as encompassing a request/promise to pay a stated sum.
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