Business Studies

Match the forms of price quotations in list 1 with their corresponding description in list 2.

Loco price Includes the cost of the goods and all the expenses to deliver the goods at the dock nearest to the seller
Free alongside ship The highest price quotation
Cash With Order Includes the cost of goods, packing cost and some normal profit
Franco The buyer has to send cash along with the order

ANSWER

2,4,11,13


SOLUTION
A. Loco price is the price that includes the cost of the goods, Cost of packaging and normal profit. 
B. Free alongside ship refers to the price of the good which includes the cost of the goods and all expenses to deliver the goods at the dock which is nearest to the seller.
C. Cash with order refers to the arrangement where the buyer sends cash with it's order. 
D. Franco refers to the highest price quotation of a product. 
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