NABTEB Commerce 2025 Objective — Question 21
Question 21 of 50 from the National Business and Technical Examinations Board (NABTEB) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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Which of the following trade documents prevents understatement of prices?
- A. Consular invoiceCorrect
- B. Export invoice
- C. Freight note
- D. Mate's receipt
Explanation
A consular invoice, certified by the importing country's consulate, is used to verify and prevent under-invoicing (understatement) of prices.
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