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Which of the following does a seller send in reply to a letter of inquiry?

Which of the following does a seller send in reply to a letter of inquiry?
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  • A Quotation
  • B Credit note
  • C Debit note
  • D Delivery note
Correct Answer: Option A
Explanation:
A quotation is sent by a seller in response to a letter of inquiry. It provides the prospective buyer with important information such as the price, quantity, quality, and terms under which the seller is willing to supply the goods.

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