Question

Define the concept commercial letter. Discuss the essentials of a commercial letter. Also give a specimen of such letter

Answer 1

${\huge {\mathfrak {Answer :-}}}$

➡️ Commercial letter

The letter that contains business related information is called commercial letter or business letter. Through this letter, businesspersons exchange business related information among them. Such letters are written to various business firms, business associations, government offices, banks, customers, suppliers, and employees’ etc. business letters are generally aimed at selling goods, obtaining information or advice, making inquiry, mollifying the injured feelings or customers, placing orders for goods, reminding customers for payment of dues etc.

Answer 2

Answer:

The letter that contains business-related information is called a commercial letter or business letter. Through this letter, businesspersons exchange business-related information among them. Such letters are written to various business firms, business associations, government, banks, customers, suppliers, employees, etc.

Explanation:

Most business letters must include a return address (letterhead or your name and address), date, an inside address (receiver's name and address), a salutation, body paragraphs, and a closing. However, there are several ways to format this information.

Also known as a trade letter of credit or documentary letter of credit, a commercial letter of credit is typically used by a buyer of goods to pay the purchase price to the seller in the ordinary course of the international sale of goods.  This letter should always be written by following a definite structure. A well-structured business letter can attract the attention of its readers. Accuracy of facts: This letter should convey accurate information to the reader. Inaccurate information is worse than no information at all.

A business letter is a professional, formal letter that is sent by one company to another. These letters can be used for professional correspondence between business clients, employees, stakeholders as well as individuals.