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A terms of payment in which the buyer pays cash immediately for goods bought before he ...

A terms of payment in which the buyer pays cash immediately for goods bought before he takes them away is called____
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Prompt cash
  • B Cash on delivery
  • C Spot cash
  • D Cash with order
Correct Answer: Option C
Explanation:
A spot price is the price that is the current price and at which the instant delivery takes place. Spot payment or price is the same as the market price.

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