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Business Studies

Online Payment Options

means where t...

Question

means where the buyer makes payment in cash when goods are delivered to her.

A

Wallet

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B

Debit card

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C

Net banking

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D

Cash on delivery

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Solution

The correct option is D Cash on delivery
Cash on delivery means where the buyer makes payment in cash when goods are delivered to her. If the purchaser does not make payment upon delivery, the product is returned to the seller.

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Similar questions

Q. Delivery of goods to the Carrier for the purpose of transmission to the Buyer automatically means that the property in goods vest in the Buyer.

Q. As per the Sale of Goods Act, if the goods have not been transferred to the buyer, the unpaid seller can choose to ___________.

A. withhold delivery

B. stop the goods in transit

C. deliver the goods

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(a) cash on delivery (CoD)

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(c) credit and debit cards

(d) e-cash

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