A commission charged on postal order is?

By: |Published on: Jan 8|Categories: Commerce WAEC| 0 comments

A. postal zero
B. postal orders
C. poundage
D. brokage

Correct Answer: Option C

C. poundage

Explanation

Poundage is a commission paid or charged on postal order. The sender fills the name of the person to be paid and can only be cashed by him.

Users Also Read These:

SEE ALSO  When a bill is paid before its date at a lesser value, it is?

Copyright warnings! Do not copy.