BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Cash on delivery
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Cease or desist
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Collect on delivery
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Credit on delivery
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Detailed explanation-1: -In a COD transaction, the payment term is cash on delivery, and the total payment is due at delivery.
Detailed explanation-2: -Although referred to as cash on delivery, COD transactions can include other payment options, such as checks, credit cards, or electronic payments. For that reason, some suppliers may refer to this payment method as collect on delivery instead.
Detailed explanation-3: -Cash on delivery (COD), also known as “collect on delivery” and “cash on demand, ” is a payment method in which customers don’t pay for mailed goods until they’ve received and decided to keep them. If the customer doesn’t want to keep the items and pay for them, they go back to the retailer.
Detailed explanation-4: -abbreviation for. cash on delivery. (in the US) collect on delivery.
Detailed explanation-5: -Court-ordered debt collections COD Courts may send us your debt for collection. We may collect money from your paycheck or bank account to satisfy your debt.