The purchase of goods under the CWO system of payment implies that?

Assessment: JAMB UTME - Commerce - 2011 Subject: Commerce

Question 1 Report

The purchase of goods under the CWO system of payment implies that?
Answer Details
The purchase of goods under the CWO system of payment implies that payment must be made on delivery. This means that the buyer pays for the goods when they receive them, rather than paying for them in advance or a few days later.
Read lesson note on Purchase And Sale Of Goods (JAMB)
Read lesson note on Money (JAMB)
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