MyStudyPals.com MyStudyPals.com
  • Login
  • Feed

Resources

  • 📰
    Latest School News
  • 📚
    Scholarships
  • 🎓
    JAMB Syllabus
  • 📝
    Jamb Brochure

Information

  • 🔗
    Contact US
  • 🔗
    Privacy Policy
  • 🔗
    Terms and Conditions
  • 🔗
    About US

Which of the following is NOT a credit instrument?

  • 📑 Past Questions
  • ⌛ Take CBT exam
  • 📟 Referral
  • 🎫 Support
  • 📢 Earnings
Commerce JAMB 2024

Which of the following is NOT a credit instrument?

  • Bill of Exchange
  • Bank Notes
  • Cheques
  • Bill of Lading checkmark

The correct answer is: D

Explanation

A bill of lading is a document issued by a carrier (such as a shipping company) to acknowledge the receipt of goods and provide evidence of the contract of carriage. It serves as a receipt for the goods being transported and contains information about the shipment, such as the type of goods, quantity, and destination. However, a bill of lading is not considered a credit instrument.

Previous Question Next Question

Leave A Comment

© 2025 MyStudyPals.com