JAMB UTME - Commerce - 1999 | Green Bridge CBT

Question 1 Report

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

invoice, consular invoice, certificate of orign, fright note, indent and insurance policy

indent, bill of lading, certificate of orign, invoice and bill of exchange

certificate of orign, bill of exchange, insurance policy, indent and bill of lading

bill of lading, invoice insurance policy, consular invoice, certificate of orign and bill of exchange Correct answer

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."






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