The main document sent to an importer of goods by the exporter are?

Assessment: JAMB UTME - Commerce - 1999 Subject: Commerce

Question 1 Report

The main document sent to an importer of goods by the exporter are?
Answer Details
The main document sent to an importer of goods by the exporter include: - Invoice: This document shows the details of the goods being shipped, such as quantity, unit price, total value, payment terms, etc. - Bill of Lading: This is a document issued by the carrier or its agent acknowledging the receipt of goods for shipment. It serves as a contract of carriage, a receipt of goods, and a document of title. - Certificate of Origin: This document indicates the country in which the goods were produced or manufactured. It may be required for customs clearance, quota control, or other trade purposes. - Insurance Policy: This document provides coverage for loss or damage to the goods during transit. - Bill of Exchange: This is a document that orders the importer to pay the exporter a certain amount of money at a certain time. Therefore, the correct option is "bill of lading, invoice, insurance policy, consular invoice, certificate of origin, and bill of exchange."

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning