JAMB Commerce 2008 Question 25

Question 25

Purchase and Sale of Goods

A document sent by a seller to inform a buyer about the prices of goods is the

  1. A.catalogue
  2. B.price list
  3. C.credit note
  4. D.proforma invoice
Show the answer and explanation

Answer: B (price list)

Explanation

A price list simply tells buyers the prices of the goods the seller offers.