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JAMB - Commerce (2024 - No. 16)

An instruction to an agent abroad restricting him to buy from a named manufacturer is known as
pro forma invoice
an open indent
a closed indent
an order

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A closed indent refers to an instruction given to an agent or representative abroad, specifying that they are restricted to purchasing goods only from a particular named manufacturer or supplier. This instruction limits the agent's options and requires them to adhere to a specific source for procurement.

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