Which of the following does a seller send in reply to a letter of inquiry?
-
quotation
- credit note
- debit note
- delivery note
The correct answer is: A
Explanation
A letter of inquiry is a communication from a potential buyer to a seller, expressing interest in obtaining information about a specific product, service, or pricing. In response to this inquiry, the seller would usually provide a quotation. A quotation is a formal document that outlines the details of the products or services requested by the buyer, including prices, quantities, terms and conditions, and any other relevant information.