A close indent is an instruction to an agent to
COMMERCE
POST UTME OAU
A close indent is an instruction to an agent to
- A) Order goods from a particular manufacturer
- B) Order goods from any manufacturer
- C) Sell goods in any form
- D) Sell goods to a certain firm
Correct Answer: A) Order goods from a particular manufacturer
Explanation
This Commerce question is asking about the meaning of a close indent in business. A close indent is an instruction given to an agent to order goods from a particular manufacturer. So, Option A is the correct answer.In business, an agent may be appointed to purchase goods on behalf of a company or individual. A close indent is a specific instruction to buy goods from a certain manufacturer. This is different from an open indent, which instructs the agent to purchase goods from any manufacturer.
Knowing the difference between a close indent and open indent is important in business as it helps to ensure that the right goods are obtained from the right manufacturer. This can help to maintain quality and consistency in the products being purchased.
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *