A(n) _______________________ is a payment form where a cash payment occurs when the order is placed.
A) cash with order
B) confirmed irrevocable letter of credit
C) sight draft
D) time draft
E) consignment

Question

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Cash with order, also known as COD or cash on delivery, is a payment method where the buyer pays the seller immediately upon placing the order. This ensures that the seller receives payment promptly and reduces the risk of non-payment by the buyer. The other options, such as confirmed irrevocable letter of credit, sight draft, time draft, and consignment, involve payment either after the goods are delivered or upon certain conditions, which may increase the risk of non-payment or delay in payment for the seller.

A(n) _______________________ Is a Payment Form Where a Cash Payment