Economy

A sales contract is a legally binding document between

• seller and company

• a buyer and seller

• buyer and company

When one party fails its agreement it is called

• breach of contract

• breach of contact

• cash failure

CWO and CIA - have the same meaning

• No

• Yes

Cash with Order requires the buyer to pay for

• only by card

• the goods part by part

• the goods in full

A type of transaction where the recipient pays for a good at the time of delivery is called

• cash on delivery

• cash at delivery

• cash advance

• cash on delievery

Invoices and receipts have different purposes

• False

• True

Barter means

• the change of goods or services

• the exchange of money

• exchange of goods or services

Give short definition to this abbreviations - LC,DP,DA

Customs declaration is essential because it

• helps to track sccammers and their fraud

• controls people who cross the border

• helps governments track goods, pay duties, and ensures shipments are both safe and legal

• helps governments track goods, pay duties, and ensures shipments are in good condition

An invoice confirms

• a sale and requests payment

• payment

• sale and requests lots of documents to be filled in

• a payment and requests a sale