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WAEC Commerce 2022 Objective — Question 27

Question 27 of 50 from the West African Examinations Council (WAEC) 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. documentary credit
  • B. consular invoiceCorrect
  • C. certificate of origin
  • D. bill of lading

Explanation

The consular invoice is issued by the authority of the importing country and is used to determine the correct duty payable on the imported goods.

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