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Direction: Read the following text and answer the questions that follow.
Paras Manek is a successful businessman who is engaged in manufacturing auto spare parts. The products manufactured by his business enterprise Paras Manek Ltd. are sold not only in India, but also exported to various countries such as Singapore, Switzerland, China, North Korea, etc. Trudy Ltd., a Russian company wants to import auto spare parts from Paras Manek Ltd. Paras Manek Ltd. has received an enquiry regarding the goods and trade. Paras Manek Ltd. has replied to it in the form of a quotation. Finding it favourable, Trudy Ltd. has placed an order containing description of goods, price and other instructions, etc. But before exporting the goods it has to fulfill certain legal formalities like procuring export license and preparing the documents related to goods, shipment, and payment.
Q. In case of export, a buyer sends an enquiry to exporter to seek information about:
  • a)
    Availability of goods
  • b)
    Price of goods
  • c)
    Terms and conditions of trade
  • d)
    All of the above
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Direction: Read the following text and answer the questions that foll...
An inquiry is a request from the prospective buyer to keep him informed of the terms and conditions of sale. Any export inquiry has to be attended with promptness and meticulous care. It is desirable to send samples as they speak better about quality, which is the main criterion for selection of exporter.
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Most Upvoted Answer
Direction: Read the following text and answer the questions that foll...



Explanation:

In case of export, a buyer sends an enquiry to exporter to seek information about:


  • Availability of goods: The buyer wants to know if the goods they are interested in are available for purchase.

  • Price of goods: The buyer inquires about the cost of the goods, including any additional charges such as shipping fees.

  • Terms and conditions of trade: The buyer seeks information regarding the terms of the trade, such as payment terms, delivery schedule, and any other conditions that may apply.



Therefore, when a buyer sends an enquiry to an exporter, they are seeking information about the availability of goods, the price of goods, and the terms and conditions of trade. This allows the buyer to make an informed decision before placing an order for the desired goods.
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Direction: Read the following text and answer the questions that follow.Paras Manek is a successful businessman who is engaged in manufacturing auto spare parts. The products manufactured by his business enterprise Paras Manek Ltd. are sold not only in India, but also exported to various countries such as Singapore, Switzerland, China, North Korea, etc. Trudy Ltd., a Russian company wants to import auto spare parts from Paras Manek Ltd. Paras Manek Ltd. has received an enquiry regarding the goods and trade. Paras Manek Ltd. has replied to it in the form of a quotation. Finding it favourable, Trudy Ltd. has placed an order containing description of goods, price and other instructions, etc. But before exporting the goods it has to fulfill certain legal formalities like procuring export license and preparing the documents related to goods, shipment, and payment.Q. In case of export, a buyer sends an enquiry to exporter to seek information about:a)Availability of goodsb)Price of goodsc)Terms and conditions of traded)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
Question Description
Direction: Read the following text and answer the questions that follow.Paras Manek is a successful businessman who is engaged in manufacturing auto spare parts. The products manufactured by his business enterprise Paras Manek Ltd. are sold not only in India, but also exported to various countries such as Singapore, Switzerland, China, North Korea, etc. Trudy Ltd., a Russian company wants to import auto spare parts from Paras Manek Ltd. Paras Manek Ltd. has received an enquiry regarding the goods and trade. Paras Manek Ltd. has replied to it in the form of a quotation. Finding it favourable, Trudy Ltd. has placed an order containing description of goods, price and other instructions, etc. But before exporting the goods it has to fulfill certain legal formalities like procuring export license and preparing the documents related to goods, shipment, and payment.Q. In case of export, a buyer sends an enquiry to exporter to seek information about:a)Availability of goodsb)Price of goodsc)Terms and conditions of traded)All of the aboveCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the questions that follow.Paras Manek is a successful businessman who is engaged in manufacturing auto spare parts. The products manufactured by his business enterprise Paras Manek Ltd. are sold not only in India, but also exported to various countries such as Singapore, Switzerland, China, North Korea, etc. Trudy Ltd., a Russian company wants to import auto spare parts from Paras Manek Ltd. Paras Manek Ltd. has received an enquiry regarding the goods and trade. Paras Manek Ltd. has replied to it in the form of a quotation. Finding it favourable, Trudy Ltd. has placed an order containing description of goods, price and other instructions, etc. But before exporting the goods it has to fulfill certain legal formalities like procuring export license and preparing the documents related to goods, shipment, and payment.Q. In case of export, a buyer sends an enquiry to exporter to seek information about:a)Availability of goodsb)Price of goodsc)Terms and conditions of traded)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the questions that follow.Paras Manek is a successful businessman who is engaged in manufacturing auto spare parts. The products manufactured by his business enterprise Paras Manek Ltd. are sold not only in India, but also exported to various countries such as Singapore, Switzerland, China, North Korea, etc. Trudy Ltd., a Russian company wants to import auto spare parts from Paras Manek Ltd. Paras Manek Ltd. has received an enquiry regarding the goods and trade. Paras Manek Ltd. has replied to it in the form of a quotation. Finding it favourable, Trudy Ltd. has placed an order containing description of goods, price and other instructions, etc. But before exporting the goods it has to fulfill certain legal formalities like procuring export license and preparing the documents related to goods, shipment, and payment.Q. In case of export, a buyer sends an enquiry to exporter to seek information about:a)Availability of goodsb)Price of goodsc)Terms and conditions of traded)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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