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Home › Bihar Board Class 12 (Commerce) › Business Studies › Emerging Modes of Business › Seller does not get paid though the customer cla…

Seller does not get paid though the customer claims to have paid. This is which default?

ADefault on order
BDefault on delivery
CDefault on payment
DDefault on storage
Answer & Solution
Correct answer: C. Default on payment
When the seller does not receive payment while the customer says it was made, it is default on payment.
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