JAMB Commerce 2010 Objective — Question 14

Question 14 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2010 Objective paper, with the correct answer and a full explanation.

14. The document that gives an importer a freehand to obtain goods from any manufacturer is A. a consular invoice B. a closed indent C. an open indent D. a freight note

A. a consular invoice
B. a closed indent
C. an open indentCorrect
D. a freight note

Explanation

Open indent orders permit an agent freedom of choice on suppliers and prices to buy without certain restrictions.

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