Which of the following statements is false about a letter placing order?
Option 1:
Letter placing order is the final agreement between the buyer and the seller
Option 2:
Order contains the details of the items to be purchased
Option 3:
It mentions the terms of supply and terms of payment agreed upon
Option 4:
Order bears no reference of the enquiry made or the quotations received
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Answer:
and option c is correct
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The statement which is false about the letter placing an order is option 4: Order bears no reference of the inquiry made or the quotations received
- The order letter includes information and specifics about the items and quantities requested by the buyer, as well as a request for the seller to send the listed things to the buyer. Option 2 is correct.
- It also specifies the length of time for which the supply must be received and the buyer's payment method. Option 3 is correct.
- It is a contract or agreement between the buyer and the seller regarding the order of the items. Option 1 is correct.
- Any reference to a previous inquiry, conversation, or quotation number that has been previously discussed must be included in the order. As a result, option 4 is inaccurate.
- As a result, except for Option 4, all statements are correct in terms of the letter placement order.
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