A terms of payment in which the buyer pays cash immediately for goods bought before he takes them away is called____

Assessment: JAMB UTME - Commerce - 2019 Subject: Commerce

Question 1 Report

A terms of payment in which the buyer pays cash immediately for goods bought before he takes them away is called____
Answer Details
A spot price is the price that is the current price and at which the instant delivery takes place. Spot payment or price is the same as the market price.
Read lesson note on Trade (WAEC)
Read lesson note on Purchase And Sale Of Goods (JAMB)
Read lesson note on Commerce (JAMB)
View Answer

Related Questions

1

In a law of contract, what is given in exchange for a promise to perform is_____
2

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018 Initial Capital 5000 Net Profit 1000 Furniture 2000 ...
3

Use the following information to answer this question. The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 20...
4

One of the disadvantages of Sole Proprietorship is__________
5

The process of winding up or bringing a company to an end is________
6

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018 Initial Capital 5000 Net Profit 1000 Furniture 2000 ...
7

A partnership may be automatically dissolved due to the following factors except________
8

In the formation of a united liability company, the following documents are prepared except_______

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning