A terms of payment in which the buyer pays cash immediately for goods bought before he takes them away is called____
-
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.