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A document that instructs an agent to buy goods from a named firm is

Commerce
JAMB 2022

A document that instructs an agent to buy goods from a named firm is

  • A. proforma invoice
  • B. open indent
  • B. consular invoice
  • D. closed indent
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Correct Answer: Option D
Explanation

A close indent restricts the agent to a named manufacturer from whom the goods must be obtained.

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