An importer dispatches an order to an overseas purchasing agent containing rigid instructions regarding the precise manufacturer, price range, and shipping terms, leaving the agent with no discretion. Which of the following commercial documents has the importer issued?
- Closed indentCevap
- BDebit note
- CLetter of hypothecation
- DCredit note
Cevap
The closed indent is the commercial document sent to an overseas buying agent containing precise instructions regarding the manufacturer, price, and terms of purchase.
A closed indent is a purchase order sent by an importer to an overseas buying agent that specifies exact details such as the manufacturer, quantity, price, and packing instructions, leaving the agent with no discretionary power.
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Anahtar Kavram
Types and functions of indents in foreign trade