WAEC Commerce 2017 Objective — Question 23
Question 23 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.
Advertisement
23. Which of the following terms is not used in price quotation for goods?
- A. A. E & O.ECorrect
- B. B. C.I.F
- C. C. Ex works
- D. D. F.A.S
Explanation
E & O.E means Errors and Omissions Excepted, a general legal disclaimer, not a price quotation term for goods (unlike C.I.F, Ex works, F.A.S).
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.