NABTEB Commerce 2023 Objective — Question 27
Question 27 of 50 from the National Business and Technical Examinations Board (NABTEB) Commerce 2023 Objective paper, with the correct answer and a full explanation.
Advertisement
A document sent by a buyer to a seller providing information about goods or services wanted, but not an actual order, is a (a) purchase order (b) proforma invoice (c) quotation (d) letter of enquiry
- A. purchase order
- B. proforma invoice
- C. quotation
- D. letter of enquiryCorrect
Explanation
A letter of enquiry is sent by a prospective buyer to a seller to obtain information such as price, quality and terms of trade before an actual order is placed.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.