Indicate the best type of document to use in the following situations
a)Issued by a transport trader without his own transport means
b)To correct overcharge in the invoice
c)Written by a debtor to the seller acknowledging that a debt exists
d)Written by an exporter to his bank authorizing the bank to sell goods that the importer is unable to pay for.

Answer:

a)Issued by a transport trader without his own transport means
-Consignment note
b)To correct overcharge in the invoice
-Credit note
c)Written by a debtor to the seller acknowledging that a debt exists
-I.O.U
d)Written by an exporter to his bank authorizing the bank to sell goods that the importer is unable to pay for.
-Letter of hypothecation

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