The Transmittal Letter or Memo That Accompanies a Formal Business

question 54

True/False

The transmittal letter or memo that accompanies a formal business report is usually directly organized and written less formally than the report itself.

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Definitions:

Commercial Units

Standardized units or quantities of goods that are considered acceptable by all parties in a commercial transaction for the purpose of sale or lease.

Conforming

Adhering to or complying with a set standard, rule, or norm.

Non-conforming

Refers to a property or product that does not meet local zoning or building standards.

Shipment Contract

A contract under which a seller turns goods over to a carrier for delivery to a buyer. Both the title and risk of loss pass to the buyer when the goods are given to the carrier.