NECO Commerce 2022 Objective — Question 27
Question 27 of 50 from the National Examinations Council (NECO) Commerce 2022 Objective paper, with the correct answer and a full explanation.
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A document used to ensure correct payment of duty at the importing country is a
- A. Document credit
- B. consular invoiceCorrect
- C. certificate of origin
- D. bill of lading
Explanation
A consular invoice, certified by the importing country's consul, ensures correct duty is charged based on the true value/origin of goods.
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