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WAEC Commerce 2013 Question 3

Question 3

Purchase and Sale of Goods

Which of the following is not contained in a consignment note?

  1. A.Name of the buyer.
  2. B.Name of the seller.
  3. C.Description of goods.
  4. D.Cost of goods.
Show the answer and explanation

Answer: D (Cost of goods.)

Explanation

A consignment note describes the goods and names sender and receiver for the carrier; it does not show their price.