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State whether the following is true or false: A quotation letter seeks information about the availability of products with the seller. - Business Studies

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Question

State whether the following is true or false:

A quotation letter seeks information about the availability of products with the seller.

True or False
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Solution

This statement is false.

Explanation:

An ‘inquiry letter’ requests details regarding prices and availability. The seller’s response with those precise terms and prices is called a ‘quotation letter’.

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