Unless otherwise agreed, the buyer's payment in a shipment contract is due to the seller when ________.
A) shipment is in transit
B) goods are delivered
C) contract is signed
D) shipment is handed over to the carriers

Question

Quizplus · Accepted Answer

According to the shipment contract, the buyer's payment is due to the seller when goods are delivered. This means that the buyer has received the goods and has had the opportunity to inspect them before making payment.

Unless Otherwise Agreed, the Buyer's Payment in a Shipment Contract