(c) Orders If the prices shown in the quotation are acceptable to the buyer, the buyer will place an order for the goods. An order is a written request from a buyer to a seller to purchase certain goods. The order must be signed by the buyer.
The order number is important because it may have to be referred to if there are questions later about the order.
ORDER NO. 58
Outdoor World Limited 11 High Street Galway
Telephone 082 34567 VAT No. IE 987665P
7/6/20—
To: Traction Bikes Limited Unit 2, Swords Business Park Dublin
The order document needs to be very clear about what goods are being ordered and the quantities.
Checking creditworthiness
When a business sells goods on credit it runs the risk that it may not get paid for the goods. Before selling goods on credit to a new customer, the seller needs to be sure that they can be trusted. This can be done by:
• Looking for a reference from the customer’s own bank. • Looking for a reference from another business that has sold the customer goods on credit.
• Checking the customer’s credit history with the Irish Credit Bureau. This 260
The order is one of the few documents that must be signed.
