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JAMB Commerce 1999 Question 20

Question 20

Foreign Trade Documents

Which of the following documents permits an importer to inspect his goods before the arrival of the bill of lading?

  1. A.Bill of sight
  2. B.Import invoice
  3. C.Consular invoice
  4. D.Bill of exchange.
Show the answer and explanation

Answer: A (Bill of sight)

Explanation

When an importer cannot yet describe his goods fully (e.g. the bill of lading has not come), customs issues a bill of sight so he can inspect them.