WAEC Commerce 2012 Objective — Question 40
Question 40 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.
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The document which is used when a country imposes ad valorem duties is a
- A. bill of lading
- B. consular invoice
- C. certificate of originCorrect
- D. open indent
Explanation
Certificate of origin will contain the value of the goods and with this, the advalorem tax can be determined.
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