Documents Involved in International Trade — Practice Quiz
ICSE · Class 11 · Commerce
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Quick Quiz: Documents Involved in International Trade
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What is an indent in foreign trade?
What is the main difference between an order and an indent in foreign trade?
Which of the following is a type of indent?
In which type of indent does the importer leave some matters to the exporter’s discretion?
Sample Questions
What is a closed indent?
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An indent in which the exporter must follow the minutest details mentioned
A closed indent gives no discretion to the exporter. The importer specifies the details clearly and the exporter must follow them.
What makes a confirmatory indent different from the other types of indent?
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It becomes final after confirmation by the importer or his agent
A confirmatory indent is subject to confirmation by the importer or his agent before it is finalised.
Which item is usually included in the contents of an indent?
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Name and address of importer
The contents of an indent include the name and address of the importer, along with other purchase details.
Which of the following is not a content of an indent?
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Number of packages after loading on ship
An indent includes purchase instructions, not the loading details that belong to shipping documents.
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