Observation

MosMost candidates attempted this question and their performance was very good.

The expected responses are.

            a.          Standing Order
This is an order or instruction to the bank by a customer, to pay a certain sum of money to a named person or organisation on his behalf at regular intervals.
b.         Bank Draft
It is a cheque drawn on a bank by itself or its branch to guarantee payment.
c.         Legal Tender
This is a form of payment which by law a creditor must accept in settlement of a
debt.
d.         Money Order
This is a form of payment through the Post Office where the payer fills a form to include the payee's name, amount payable and the post office of collection.  
IOU

This is drawn by the debtor to the creditor acknowledging a debt