which of the following allows a drawer of a document to correct any error
- C.I.F
- I.O.U
- C.W.O
-
E.O.E
The correct answer is: D
Explanation
E.O.E; is An abbreviation for "errors and omissions excepted," a disclaimer stating that information in a document is not necessarily accurate. E&OE, statements are most common when information changes quickly.
C.I.F; Cost, Insurance and Freight (CIF) is an expense paid by a seller to cover the costs, insurance, and freight against the possibility of loss or damage to a buyer's order while it is in transit
C.W.O; cash with order.
I.O.U; An IOU (abbreviated from the phrase "I owe you") is usually an informal document acknowledging debt. An IOU differs from a promissory note in that an IOU is not a negotiable instrument and does not specify repayment terms such as the time of repayment.