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O-LevelCommerceBanking7100/11 · May/June 2010 · Q311 Mark

A customer wishes to pay his debt of $500. Which means of payment can he legally make his creditors accept?

Abills of exchange

Binternational money orders

Cnotes and coins

Dspecially crossed cheques

✓ Correct answer

C: notes and coins

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About this question

Topic: Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2010 Paper 1 Variant 1, question 31.

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