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WAEC Commerce 2025 Objective — Question 21

Question 21 of 51 from the West African Examinations Council (WAEC) 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

The consular invoice shows all the details of the goods, including their true price, preventing understatement.

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