Question
Which one of the following statements is a correct statement ? A)In cash against goods, goods and documents are sent directly to the buyer. Buyer
Which one of the following statements is a correct statement ?
A)In cash against goods, goods and documents are sent directly to the buyer. Buyer takes goods and pays later .
B)In cash against goods , goods are sent directly to the buyer and the documents are delivered through the banks for payment or acceptance .
C)In D/P , goods are not sent to the buyer unless the documents presented to the buyer by the collecting bank are not paid by the buyer.
D) In D/A , goods are not sent to the buyer unless the documents together with the draft is not accepted by the buyer .
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