Commerce JAMB

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

A. money must be enclosed when ordering
B. payment must be made on delivery
C. payment must be made within few days
D. cash must be paid on the spot

Correct Answer:

Option A – money must be enclosed when ordering

Explanation

Cash With Order (CWO): A payment term whereby the buyer remits the money at the time the order is placed.

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