In the absence of any specific agreements,the buyer or lessee must make payment prior to receipt of the goods.

Question

Quizplus · Accepted Answer

In the absence of any specific agreements, payment terms are determined by the trade practices followed by the parties involved. It is not mandatory for the buyer or lessee to make payment prior to receipt of the goods. However, it may be a common practice in some industries or situations.

In the Absence of Any Specific Agreements,the Buyer or Lessee