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19. Tom contracts to sell goods to Velia. The contract isn't C.O.D. and doesn't provide for...

19. Tom contracts to sell goods to Velia. The contract isn't C.O.D. and doesn't provide for payment against a document of title. Tom delivers the goods. Which of the following statements is true?

  1. Velia has a right to inspect the goods before accepting or paying for the goods.
  2. Velia must pay for the goods but may inspect before accepting.
  3. Velia must accept the goods.
  4. Velia must accept the goods but may inspect before paying.
Business   Accounting   
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Homework Answers

Answer #1

solution :

cash on delivery :

Cash on delivery (COD) is a type of transaction in which the recipient makes payment for a good at the time of delivery. If the purchaser does not make payment upon delivery, the product is returned to the seller.

contract :

a written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.

as per contract act

Velia must pay for the goods but may inspect before accepting.

option B is true

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