WAEC Commerce 2018 Objective — Question 36
Question 36 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.
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A bank draft is a cheque drawn by a
- A. bank on another bank itselfCorrect
- B. creditors
- C. customers' deposits
- D. -
Explanation
A bank draft is a cheque drawn by a bank upon itself (or another bank), guaranteeing payment.
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