Unless otherwise agreed, when is payment due between a buyer and seller in a shipment contract?
A)when the shipment is in transit
B)when the goods are delivered
C)when the contract was signed
D)when the shipment is handed over to the carriers

Question

Quizplus · Accepted Answer

Payment between the buyer and seller in a shipment contract is typically due upon delivery of the goods, unless otherwise agreed upon in the contract.

Unless Otherwise Agreed, When Is Payment Due Between a Buyer