WAEC Commerce 2012 Objective — Question 6
Question 6 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.
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A cheque drawn by a bank on itself is a/an
- A. direct debit
- B. bank draftCorrect
- C. bank transfer
- D. overdraft
Explanation
Bank draft is a document which specifies the indebtedness of bank to the beneficiary.
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