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Quotations and Terms of Business Flashcards | StudBud
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Quotations and Terms of Business
Quotations and Terms of Business
7 terms
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StudBud Administration
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This quiz requires professional expertise in foreign trade. #termsofbusiness #vocationalexpertise
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Questions
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Answers
1
In which of these terms the responsibility of the Seller is at the highest?
EXW Tampere
DAP London
FOB Helsinki
2
Which Term of Payment is often used with a trustworthy customer buying on regular basis?
Documentary Credit
Open Account
Documentary Collection
3
Which of the following is a correct way of marking validity?
This offer is valid by 31 December 2021.
This offer is valid until 31 December 2021.
This offer is valid to 31 December 2021.
4
In which of the following the Seller could quote the most attractive price for the product?
FOB Helsinki
DAP London
EXW Tampere
5
Which of the following is a fixed, professional expression used in Quotations?
We offer according to below:
We offer as follows:
We quote as following:
6
You write "Dear Sirs" in the salutation. - How to finish your business message?
Yours sincerely,
Yours faithfully,
Good day,
7
Which of these is the safest but also the most complicated and most expensive Payment Term?
Documentary Collection
Open Account
Documentary Credit