GCECommerceBusiness Documents2022

Which document is used by a buyer to formally request goods from a seller, and forms the legal basis for the transaction?

AQuotation
BPurchase orderCORRECT
CIndent
DRequisition note
AI
Toaster Teacher
Why the answer is B, and why the others tempt you.
A purchase order is an official document issued by the buyer to the seller, authorising the purchase of specified goods at agreed prices and terms. It creates a legally binding contract once accepted by the seller. A quotation comes from the seller, while a requisition note is an internal document.
Want this in Pidgin, Yoruba, Igbo or Hausa? Sign up free →

Practice more Commerce questions

GCE Commerce has thousands more questions like this — with Worked answers on every one.