A terms of payment in which the buyer pays cash immediately for goods bought before he takes them away is called____________
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Correct Answer: Option C
Explanation:
Spot cash refers to payment made immediately at the time of purchase or delivery of goods. The buyer pays for the goods before taking possession of them, rather than being allowed credit.
Spot cash refers to payment made immediately at the time of purchase or delivery of goods. The buyer pays for the goods before taking possession of them, rather than being allowed credit.