Outline four circumstances under which a proforma invoice may be used

      

Outline four circumstances under which a proforma invoice may be used

  

Answers


Davis
- When goods are sent on an agent to show selling prices
- When the seller doesn’t want to give credit to the buyer
- When payment for goods is required in advance
- When the importer want written clearance before goods are sent
- When goods are sent to a trader
- When answering an inquiry letter
- When the consignee of goods wishes to determine profitability
before selling

State any four conditions under which a proforma invoice may be used.

-When the seller wants to request for payment before goods are delivered
-When the seller does not want to give credit to the buyer
-Issue to an agent who sells goods on behalf of the seller
-Used by importers to get customs clearance before the goods are sent
-Serve the purpose of a quotation
-Sent to the buyer to show him what he would have to pay if he bought goods sent on approval
Githiari answered the question on September 22, 2017 at 19:43


Next: Highlights four problems a country by participating in international trade
Previous: Explain the following terms as used in international trade (a) LOCO (b) F.O.R (c) F.A.S (d) Bill of Landing (e) Cost Insurance and Freight

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions