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Commerce Paper 2, Nov/Dec. 2009  
Questions: 1 2 3 4 5 6 7 8 9 10 Main
General Comments
Strength
Weakness/Remedies

 

 

 

 

 











Question 2

State two uses of each of the following documents:

  1. bill of lading
  2. invoice
  3. credit note
  4. consignment note
  5. proforma invoice
_____________________________________________________________________________________________________

observation

The general performance of the candidates’ was good however the uses of consignment note and proforma invoice should be noted.

Consignment Note

(i)         It is sent to the buyer when an independent courier is used to carry the goods.
(ii)        The document is used as an authority to transport the goods.etc

Pro-forma Invoice

(i)         It is used as a quotation
(ii)        It is a polite way of refusing credit.
(iii)       It is used when goods are sent on sale or return basis etc.

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