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WAEC Commerce 2012 Question 49

Question 49

Foreign Trade Documents

The document in which the full details of goods and the ship carrying the goods are contained is known as

  1. A.bill of exchange.
  2. B.bill of sight.
  3. C.certificate of origin.
  4. D.shipping advice note.
Show the answer and explanation

Answer: D (shipping advice note.)

Explanation

A shipping advice note tells the buyer that the goods have been shipped, giving details of the goods and the ship; a certificate of origin shows only where goods were made.