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Which of the following is NOT a credit instrument?

Which of the following is NOT a credit instrument?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Bill of Exchange
  • B Bank Notes
  • C Cheques
  • D Bill of Lading
Correct Answer: Option D
Explanation:
A bill of lading is a document used in the transportation and delivery of goods. It is not a credit instrument, unlike bills of exchange, bank notes, and cheques, which are used as instruments of payment or credit.

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