Which Set of Documents Generally Represents the Minimum Documentation Required

question 38

Multiple Choice

Which set of documents generally represents the minimum documentation required to clear a shipment through customs?

• A)packing list,commercial invoice
• B)bill of exchange,commercial invoice
• C)certificate of origin,bill of exchange
• D)packing list,insurance certificate
• E)letter of credit,commercial invoice

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Definitions:

Available-for-sale Securities

Financial assets that are neither held for trading nor intended to be held to maturity, and can be sold in response to needs for liquidity or changes in interest rates.

Trading

The act of buying, selling, or exchanging financial instruments, commodities, or other assets in financial markets or over-the-counter.

Maturity

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.

Investee

An investee is a company or entity in which another entity holds an investment interest, usually signifying influence or control over the investee's financial and operational decisions.