Means of payment
Commerce SSS3 First Term
WEEK 4
Means of payment
Performance Objectives
The student should be able to:
1. Discuss the different means of payment.
Content
Means of Payment
Payment is the settling of financial transactions or the settlement of outstanding debt between a creditor and a buyer.
Factors Affecting the Method of Payment
1. The total amount of money
2. The cost of the means of payment
3. The urgency of payment
4. The type of account kept by the debtor
5. The safety of money.... View More
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- Consumer protection
- Business documents
- Terms of trade/sales
- Means of payment
- Commercialization
- Capital market
- Commerce SSS3 First Term Mid-Term Assessment
- Test
- Stock Exchange
- Stock Exchange II
- Stock Exchange III
- Economic Grouping
- Niger Basin Commission
- Lake Chad Basin Commission
- Commerce SSS3 First Term Final Assessment
- Test
- Chapters 14
- Category SSS3
- Author ClassNotes Edu
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