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The fees charged on postal order by the post office is _____?

Commerce
JAMB 2017
The fees charged on postal order by the post office is _____?
  • A. interest
  • B. brokerage
  • C. poundage
  • D. premium
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Correct Answer: Option C
Explanation
This is a small fee charged by the post office for sending money through mail. The poundage is paid by the purchaser.
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now