WAEC Commerce 1996 Question 14

Question 14

Foreign Trade Documents

The form given by the Customs Authority to enable an importer examine goods before the arrival of the bill of lading is known as

  1. A.entry for warehousing
  2. B.certificate of origin
  3. C.bill of sight
  4. D.bill of exchange
  5. E.dock warrant
Show the answer and explanation

Answer: C (bill of sight)

Explanation

A bill of sight lets the importer inspect goods when he lacks full details because the documents have not arrived.