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JAMB Commerce 2001 Question 19

Question 19

Purchase and Sale of Goods

The major procedures in the purchase and sale of goods are enquiry,

  1. A.quotation, order and invoice
  2. B.placement, order and invoice
  3. C.bargain, order and invoice
  4. D.order, sale and invoice.
Show the answer and explanation

Answer: A (quotation, order and invoice)

Explanation

The usual order of documents is enquiry, quotation, order and then invoice.