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What is the purpose of a Certificate of Inspection?

  1. To verify the authenticity of a contract

  2. To certify the quality or authenticity of goods

  3. To outline the terms of insurance coverage

  4. To record shipping details of a product

The correct answer is: To certify the quality or authenticity of goods

The purpose of a Certificate of Inspection is to certify the quality or authenticity of goods. This document serves as proof that the goods have been inspected and meet the required standards established by regulations or specific contractual agreements. It provides assurance to buyers and regulators that the items being transported or delivered are in acceptable condition and conform to the necessary specifications, thereby playing a crucial role in international trade and commerce where quality assurance is paramount. This certification helps mitigate risks associated with purchasing goods, as it provides crucial documentation that can prevent disputes regarding product quality post-delivery. It enhances accountability for suppliers and fosters trust in the supply chain.