Question on: JAMB Commerce - 2023
The fees charged on postal order by the post office is
A
premium
B
poundage
C
interest
D
brokerage
Ask EduPadi AI for a detailed answer
Correct Option: B
The fee charged on a postal order by the post office is known as 'poundage.' This fee covers the service of issuing the postal order and handling the transaction.
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