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WAEC Commerce 2012 Question 46

Question 46

Purchase and Sale of Goods

The abbreviation E & O.E. on an invoice seeks to

  1. A.draw the attention of the buyer to the contents of the document.
  2. B.show that there is no error about price quoted on the invoice.
  3. C.protect the seller against any error on the document.
  4. D.draw the attention of the seller to the contents of the document.
Show the answer and explanation

Answer: C (protect the seller against any error on the document.)

Explanation

'Errors and omissions excepted' lets the seller correct mistakes on the invoice later, protecting him.