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WAEC Commerce 1993 Question 67

Question 67

Purchase and Sale of Goods

A document that is sent to a buyer when credit is not allowed is

  1. A.invoice
  2. B.consignment note
  3. C.debit note
  4. D.proforma invoice
  5. E.delivery note
Show the answer and explanation

Answer: D (proforma invoice)

Explanation

A pro-forma invoice is sent when the buyer must pay before the goods are sent.