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A document which entitles its holder to the gods named on it, which is stored...

Commerce
JAMB 2019

A document which entitles its holder to the gods named on it, which is stored in a specific warehouse is called________

  • A. Debit note
  • B. Credit note
  • C. Warrant
  • D. Shipping note
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Correct Answer: Option C
Explanation

A warrant allows the goods to be released when duties have een paid and the authority concerned issue out warehouse warrant for it.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts