A foreign order which instructs an agent to buy certain goods from a particular supplier is

  • A closed indent
  • B open indent
  • C letter of credit
  • D letter of enquiry
waec 2021commerce

The correct answer is A. closed indent

A closed indent is an order, usually from a buyer instructing an agent to buy goods from a specific seller/manufacturer.

It restricts the agent to only buy goods from a named manufacturer.

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