With payment through ______, the seller delivers goods directly to the buyer and then bills the buyer for the goods under agreed-upon payment terms.
A) a packing list
B) cash in advance
C) documentary collections
D) documentary credits
E) open account

Question

Quizplus · Accepted Answer

This is the definition of an open account, where the seller ships goods and bills the buyer later with agreed-upon payment terms.

With Payment Through ______, the Seller Delivers Goods Directly to the Buyer