Means of payment through post office - SS3 Commerce Past Questions and Answers - page 1
What is a stamp?
A government-operated facility
An adhesive paper for postal services
A payment instrument for sending money
What is a money order?
A prepaid payment instrument issued by the post office
A written promise to pay a debt
A government-operated facility
What is a postal order?
A prepaid payment instrument issued by the post office
A government-operated facility
An adhesive paper for postal services
What is a promissory note?
A prepaid payment instrument issued by the post office
A written promise to pay a debt
An adhesive paper for postal services
What is the purpose of a stamp?
To provide proof of payment for postal services
To settle a debt or facilitate a financial transaction
To send money securely
What services are provided by the post office?
How does a money order differ from a promissory note?