by Sunday | Jul 30 | Commerce WAEC
A. Cheques B. Standing orders C. Giro system D. Credit transfer E. Credit card Correct Answer: Option C – Giro system
by Sunday | Jul 30 | Commerce WAEC
A. Divisibility B. Portability C. Accessibility D. Recognizability E. Durability Correct Answer: Option C – Accessibility
by Sunday | Jul 30 | Commerce WAEC
A. Discounting bills B. Banks rate C. Granting overdrafts D. Acting as lender of last resort E. Acting as banker to commercial banks Correct Answer: Option B – Banks rate
by Sunday | Jul 30 | Commerce WAEC
A. cashed by the drawer B. cashed over counter C. Paid into a named bank D. paid to the drawee E. paid into Central Bank Correct Answer: Option C – Paid into a named bank
by Sunday | Jul 30 | Commerce WAEC
A. Building societies B. Mail-order business C. Department stores D. Finance houses E. Bank Correct Answer: Option B – Mail-order business