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WAEC Commerce 2016 Question 12

Question 12

Purchase and Sale of Goods

Which of the following abbreviations allows the drawer of a document to correct any error?

  1. A.C.I.F.
  2. B.I.O.U.
  3. C.C.W.O.
  4. D.E. & O.E.
Show the answer and explanation

Answer: D (E. & O.E.)

Explanation

E & OE (errors and omissions excepted) on an invoice lets the seller correct mistakes later.