Which of the Following Documents Are Always Required in a Documentary

question 1

Multiple Choice

Which of the following documents are always required in a documentary collection for the sale of goods?

• A) The draft, invoice, and bill of lading
• B) The invoice, bill of lading, and delivery order
• C) The certificate of origin, insurance policy, and invoice
• D) The draft, insurance policy, and invoice

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Definitions:

Passive Margin

A tectonically inactive edge of a continent, characterized by a transition from continental to oceanic lithosphere without significant seismic activity.

Normal-Fault Basin

A low area that has been downdropped by one or more normal faults.

Passive Margin

A coastline margin that is not associated with plate boundaries and therefore experiences little to no seismic or volcanic activity.

Continental Collision

Continental collision occurs when two continental plates converge, resulting in the formation of mountain ranges and geological uplift.