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Bill of Exchange — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountBill of Exchange1 Mark
MCQ
In consignment sale, who send Proforma invoice?
  • ✓
    Consignor
  • B
    Consignee
  • C
    Banker
  • D
    Customer
✓

Answer

Correct option: A.
Consignor
Consignor, in a contract of carriage, is the person sending a shipment to be delivered whether by land, sea or air. In a consignment sale, consignor sends a proforma invoice.

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