Variety Goods, Inc., and World Sales Corporation enter into a contract that does not specify the payment terms. Payment may be made in
A. any commercially acceptable means except cash.
B. cash only.
C. cash or any commercially acceptable substitute.
D. cash or check only.
Answer:C
Variety Goods, Inc., and World Sales Corporation enter into a contract that does not specify the payment terms. Payment may be made in
A. any commercially acceptable means except cash. B. cash only. C. cash or any commercially acceptable substitute. D. cash or check only.