Business Documentations

A credit note is a document sent by the _________ to the buyer.

• Bank

• Seller

• Debtor

The seller may insist in giving a credit not rather than a refund or exchange.

• False

• True

A statement of account gives a brief description of:

• evidence of a received shipping.

• approved permission to import goods.

• detailed report of the contents of an account.

Import license is a document which proves that you have permission by the government to import goods.

• True

• False

Bill of landing is not the most important document in the shipping industry.

• True

• False

The Bill of lading serves as a ________ as well as proof of a shipping contractual agreement with the carrier.

• card

• license

• receipt

The Airway bills are a form of bill ladings except that it is used in instances where the cargo are sent by the airport.

• True

• False