Emerging Modes of Business · Class 11 · CBSE · Commerce Business Studies
Which payment mechanism is most commonly associated with online shopping where cash is paid at the time of physical delivery of the product?
Practice question from Emerging Modes of Business (Class 11 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
easy · MCQ · Q-2FDEA7
Which payment mechanism is most commonly associated with online shopping where cash is paid at the time of physical delivery of the product?
- A.Digital Wallet
- B.Cash on Delivery (CoD)Correct answer
- C.Smart Card
- D.Credit Card
Solution
Cash on Delivery (CoD) allows customers to pay for their online purchases physically in cash when the shipment is delivered to their doorstep.
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