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Question

Elements of Business Question on Sources of Business Finance

A ‘dispatch note’ is also known as ‘Letter of ________’.

A

Inspection

B

Advice

C

Credit basis

D

Dispatch

Answer

Advice

Explanation

Solution

A dispatch note is also referred to as a ”Letter of Advice” as it informs the recipient about the dispatch of goods. It helps the buyer prepare for the receipt of goods and ensures proper documentation.