by Sunday | Dec 13 | Commerce JAMB
A. it is made with transverse lines B. it is made payable to whoever presents it C. it is made without transverse lines D. it is only payable into the payees account Correct Answer: Option B – it is made payable to whoever presents it Explanation A bearer cheque...
by Sunday | Dec 13 | Commerce JAMB
A. 3/9;net 30 B. 9/27;net 30 C. 30;net 9/3 D. 9/30;net 3 Correct Answer: Option D – 9/30;net 3 Explanation 9/30;net 3. This means that, the buyer will get a 3% discount if payment is made on or before day...
by Sunday | Dec 13 | Commerce JAMB
A. a freight note B. an indent C. a bill of landing D. a way bill Correct Answer: Option B – an indent Explanation An indent ia an official order or requisition for goods.
by Sunday | Dec 13 | Commerce JAMB
A. a bill of landing B. an invoice C. an advice note D. a delivery note Correct Answer: Option D – a delivery note Explanation A delivery note is a document sent with a shipment of goods that describes the goods and the quantities being...
by Sunday | Dec 13 | Commerce JAMB
A. distance B. differences in culture C. politics D. differences in currency Correct Answer: Option D – differences in currency Explanation The most common issues you can face doing international trade is the difference in currency and exchange...