Which of the following is correct with respect to the buyer's obligation of payment?
A) In the absence of agreement,payment is due at the time and place the buyer is to receive the goods.
B) Payment by check is sufficient unless the seller demands currency and allows the buyer a reasonable time in which to obtain it.
C) If the buyer so agrees,he must pay for the goods in advance of delivery.
D) All of these are correct.

Question

Quizplus · Accepted Answer

All of the options provided are correct with respect to the buyer's obligation of payment. Payment is due at the time and place agreed upon, but if there is no agreement, it is due at the time and place the buyer is to receive the goods (option A). Payment by check is typically accepted but the seller has the right to demand currency and allow a reasonable time for the buyer to obtain it (option B). If the buyer agrees to pay for the goods in advance of delivery, they are obligated to do so (option C).

Which of the Following Is Correct with Respect to the Buyer's