Which of the following is sent by a supplier who does not want to sell on credit?

Assessment: WAEC SSCE - Commerce - 2009 (Objective) Subject: Commerce

Question 1 Report

Which of the following is sent by a supplier who does not want to sell on credit?
Answer Details
A Pro forma invoice is sent by a supplier who does not want to sell on credit. A pro forma invoice is a preliminary invoice sent to a buyer that outlines the goods or services to be provided, their cost, and other important details. It serves as a quotation that specifies the terms of sale, including the price, quantity, and shipping details. Unlike a regular invoice, a pro forma invoice is not a demand for payment, and it does not constitute a binding agreement between the seller and the buyer. Rather, it is a document that provides a preview of the financial transaction to come.

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