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JAMB Commerce 2011 Question 18

Question 18

Purchase and Sale of Goods

The purchase of goods under the CWO system of payment implies that

  1. A.money must be enclosed when ordering
  2. B.payment must be made on delivery
  3. C.payment must be made within few days
  4. D.cash must be paid on the spot.
Show the answer and explanation

Answer: A (money must be enclosed when ordering)

Explanation

CWO means cash with order: the buyer sends the payment together with the order.