A postal order, either crossed or open is only valid for a period of?

Assessment: WAEC SSCE - Commerce - 1994 (Objective) Subject: Commerce

Question 1 Report

A postal order, either crossed or open is only valid for a period of?
Answer Details
A postal order, either crossed or open, is only valid for a period of 6 months. This means that the recipient should present the postal order for payment within 6 months of the date of issue. After the expiry of the validity period, the postal order becomes stale and cannot be cashed. This is a common practice to prevent fraud and to ensure that the postal order is cashed within a reasonable time frame. It is important to note the expiry date of a postal order to avoid any inconvenience or loss of money.
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