Which of the following documents are always required in a documentary collection for the sale of goods?

Question

Quizplus · Accepted Answer

The draft (or bill of exchange), invoice, and bill of lading are essential documents in a documentary collection for the sale of goods. The draft is a demand for payment, the invoice specifies the goods sold and the amount due, and the bill of lading is a receipt for shipped goods, serving as a document of title and contract of carriage.

Which of the Following Documents Are Always Required in a Documentary